Question

Dylan opened a credit card account with $700.00 of available credit. Now that he has made some purchases, Dylan's account only has $511.00 of available credit. What is the percentage decrease of the amount of available credit in Dylan's account?

Answer 1

Answer: the 100% correct answer is- 34%

Step-by-step explanation: First, find the difference between the two amounts of credit available. ($550.00 - $363.00 = $187.00)

Then, divide by the original amount of credit available, and convert to a percent.

The percentage decrease of the amount of available credit is 34%.

Answer 2

(700-511)/700=0.27 or 27%