Last year identities opened an investment account with dolla

Last year, identities opened an investment account with dollar7200. All the end of the year, the amount in the account had decreased by 29.5%. How much is decrease in dollar? How much money was in her account at the end of last year?

Solution

amount in the bank account = $7200

percentage decrease in bank account = 29.5%

amount decrease in bank account = (29.5*7200)/100 = 2124 $

amount remaining at last year = $7200-$2124

= $5076