Last year Jacob made $4,500 at his summer job. This year he only made
$2,921. What is the percent decrease?
A 40%
B 25%
C 65%
D 35%
To find the percent decrease, we need to find the difference between the two amounts and express it as a percentage of the original amount.
The difference between last year's earnings and this year's earnings is:
$4,500 - $2,921 = $1,579
To express this as a percentage of the original amount, we divide by the original amount and multiply by 100:
$1,579 ÷ $4,500 × 100 ≈ 35%
Therefore, the answer is D) 35%.