Holly had 5 dollars comma 000 in her bank account. She withdrew 800 dollars to buy a new bike. What is the percent decrease in the balance of her account?

Find the decrease as a fraction of the original balance: $800 ÷ $5,000 = 0.16. Convert to a percent by multiplying by 100, so the balance decreased by 16 percent. The correct choice is “The percent decrease is 16 percent.”

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