Dylan opened a credit card account with $750.00 of available credit. Now that he has made some purchases, Dylan's account only has $412.50 of available credit. What is the percentage decrease of the amount of available credit in Dylan's account?

A. 34%
B. 55%
C. 45%
D. 82%

Respuesta :

Answer:

C. 45%

Step-by-step explanation:

Initial credit in his account = $750.00

Credit in his account after some purchases = $412.50

⇒Decrease in credit = $750.00 - $412.50

⇒Decrease in credit = $337.5

percentage decrease of amount of available credit = [tex]\frac{decrease\ in\ credit}{initial\ credit}[/tex]×100

                                    = [tex]\frac{337.50}{750.00}[/tex]×100

                                    = [tex]\frac{9}{20}[/tex]×100

                                    = 9×5

                                    = 45%

Percentage decrease of the amount of available credit in Dylan's account is 45%