Question

Dylan opened a credit card account with $575.00 of available credit. Now that he has made some purchases, Dylan's account only has $465.75 of available credit. What is the percentage decrease of the amount of available credit in Dylan's account?

Answer 1

19%

Explanation:

First, we have to find how much did he spend by taking

$575.00 - $465.75 = $109.25

Then we find the percentage decrease by taking

109.25 divided by 575, then times 100% = 19%

So, the percentage decrease of the amount of available credit in Dylan's account is 19%