Mr. Peralta had $300 in his savings account in March. He continued to add money to his savings account and by August, the value of the savings account had increased by 20%. How much money is in Mr. Peralta’s account in August?
Identify and label the point on the double number line that represents the original amount of money in Mr. Peralta's savings account.

Answer:

ima say $360.correct me if im wrong-^-

Step-by-step explanation:

The total amount of money in Mr. Peralta's savings account is $360.

A percentage is a value per hundredth. Percentages can be converted into decimals and fractions by dividing the percentage value by a hundred.

Given, Mr. Peralta had $300 in his savings account in March.

By August, the value of the savings account had increased by 20%.

Let, 'x' be the total amount after an increase of 20%.

So, 120% of $300 is 'x'.

Therefore,

(120/100)×300 = x.

300×1.2 = x.

x = 360.

So, By august total money in his account is $360.

learn more about percentages here :

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