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Last year Jacob made $2,300 at his summer job. This year he only made $1,771.
What is the percent decrease?
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answered
To find the percent decrease, we need to calculate the difference between the two amounts and divide it by the original amount.
The difference is $2,300 - $1,771 = $529.
We divide $529 by the original amount of $2,300 and multiply by 100 to get the percent decrease:
($529 / $2,300) x 100 = 23%.
Therefore, Jacob had a 23% decrease in earnings from last year to this year.