Answer:
$250
Explanation:
He expected to collect 37.5% less than $400.
First, we find 37.5% of $400.
Then we subtract that amount from $400.
37.5% of $400 is:
37.5% of $400 = 0.375 × $400 = $150
Now, subtract $150 from $400:
$400 - $150 = $250
Answer: $250