Question

In a business deal, John earns $\$$52.76\) and James loses $\$$4.71. If John initially had $\$$12.31 and James initially had $\$$17.18\) in each of their bank accounts, then calculate the difference between the final amounts in their accounts.

• A. $\$$50.6
• B. $\$$51.6
• C. $\$$52.6
• D. $\$$53.6

Answer 1

The correct option is C $\$$52.6


Calculating 12.31 + 52.76 using the standard method, we get:


Hence, the final amount in John's account is $\$$65.07.

Next, we find the final amount in James' account:


Calculating 17.18 - 4.71 using the standard method, we get:


Hence, the final amount in James' account is $\$$12.47.

Now, to find the difference betweeen their final amounts, we calculate the value of $\$$(65.07 - 12.47) using the standard method:


∴ The difference betweeen the final amounts in their accounts is $\$52.6$