Question

A company wants to decrease their energy bill by 14%. If their electric bill is currently $2,900 a month, what will their bill be if they are successful? Round your answer to the nearest dollar.$______

Answer 1

To solve this problem, first, we will determine the 14% of $2,900 and then we will subtract that amount from $2,900.

Recall that to compute the x% of y we can use the following expression:

$y\cdot\frac{x}{100}\text{.}$

Using the above expression, we get that the 14% of 2,900 is:

$406.$

Therefore, if they succeed the next month they should receive a bill for

$2900-406=2494$

dollars.

Now, if they pay less than the above amount they can consider it a success.

Answer:

$2494.

Yes, that is a success.