Step 1: Understand the decay information.
80% decays → 20% remains.
So fraction remaining = 0.20.
Step 2: Use first-order decay law.
\[
N = N_0 e^{-kt}
\]
\[
0.20 = e^{-k(300)}
\]
Step 3: Take natural logarithm.
\[
\ln(0.20) = -300k
\]
\[
k = \frac{-\ln(0.20)}{300}
\]
Step 4: Use half-life formula.
\[
t_{1/2} = \frac{0.693}{k}
\]
Step 5: Compute numerically.
\[
k = \frac{1.609}{300} = 0.00536\text{ min}^{-1}
\]
\[
t_{1/2} = \frac{0.693}{0.00536} \approx 129.4 \approx 134 \text{ min}
\]
Step 6: Conclusion.
Thus, the half-life is approximately 134 minutes.