Jenny’s retirement account decreased by 30% to $56,000. How much was her account worth before the decrease?

Instead of just telling the answer, could you explain HOW and WHY you solved the way you did, please? Thank you.

1 answer

starting with x, it lost 30%, or 0.30x
That leaves 0.70x, so
0.70x = 56,000
x = 56000/0.70 = 80,000