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Decrease [tex] \$240 [/tex] by [tex] 20\% [/tex].

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GinnyAnswer
To solve the problem of decreasing [tex]$240 by 20\%$[/tex], follow these steps:

1. Identify the initial amount:
- The initial amount is [tex]$240. 2. Determine the percentage decrease: - The decrease percentage is $[/tex]20\%[tex]$. 3. Convert the percentage to a decimal: - To convert the percentage to a decimal, divide by 100: \[ 20\% = \frac{20}{100} = 0.20 \] 4. Calculate the amount of decrease: - Multiply the initial amount by the decimal equivalent of the percentage: \[ 240 \times 0.20 = 48 \] - Thus, the amount of decrease is $[/tex]48.

5. Subtract the decrease from the initial amount:
- Now, subtract the amount of decrease from the initial amount:
[tex]\[ 240 - 48 = 192 \][/tex]
- Thus, the new amount after the decrease is [tex]$192. So, the amount reduced is $[/tex]48, and the new amount after the decrease is $192.
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