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1) Timothy started the day with $70. He made some purchases throughout the day and ended up
with $56 in his wallet. What is the percent change in the amount of money in Timothy's wallet

Respuesta :

absor201

The amount of money in Timothy's wallet decreased by 20%.

Step-by-step explanation:

Amount in wallet at the start of day = $70

Amount at the end of day = $56

Change = New value - Old value

Change = 56 - 70

Change = -$14

The negative sign indicates the decrease in amount.

Percent decrease = [tex]\frac{Change}{Old\ value}*100[/tex]

[tex]Percent\ decrease=\frac{14}{70}*100\\\\Percent\ decrease=\frac{1400}{70}\\\\ Percent\ decrease=20\%[/tex]

The amount of money in Timothy's wallet decreased by 20%.

Keywords: change, percentage

Learn more about percentages at:

  • brainly.com/question/5720422
  • brainly.com/question/5751004

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