Another Practice problem
Level
2
Marsha has $23,479 in the bank. If she deposits another 25% of her total into her account, what percent of the new total must she withdraw to give her the same total she started with? (round the answer to the nearest whole number)
The answer is 20.0.
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1 solution
Amount she started with is irrelevant.
Let her start with 100%.
Adding 25% gives 125%.
To return to 100 she must take away 25 from the 125.
The fraction 25/125 = 0.2 = 20%.