an office spends $350 per month on office supplies. the manager wants the company to decrease office supply…

an office spends $350 per month on office supplies. the manager wants the company to decrease office supply costs by 16%. how much money would that save each month?\na $334\nb $54\nc $294\nd $56

an office spends $350 per month on office supplies. the manager wants the company to decrease office supply costs by 16%. how much money would that save each month?\na $334\nb $54\nc $294\nd $56

Answer

Explanation:

Step1: Identify the formula

To find the amount of savings, we use the formula: Savings = Original cost × Percentage decrease.

Step2: Substitute values

The original cost of office - supplies per month is $350 and the percentage decrease is 16% or 0.16 in decimal form. So, Savings=$350\times0.16$.

Step3: Calculate the result

$350\times0.16 = 56$.

Answer:

D. $56