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The overall credit use is 36.25%. card a is 80%. how much would the credit use percentage be if card a had a zero balance? round to the nearest hundredth.

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User Mitnk
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1 Answer

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Final answer:

To find the credit use percentage with card A having a zero balance, subtract the credit use percentage of card A from the overall credit use percentage. The credit use percentage of card A can be found using a proportion. The credit use percentage with card A having a zero balance is 7.25% rounded to the nearest hundredth.

Step-by-step explanation:

To calculate the credit use percentage with card A having a zero balance, we need to subtract the percentage of credit used by card A from the overall credit use percentage.

First, we need to determine the credit use percentage of card A. If card A is 80% of the overall credit use, then 80% of the overall credit use is equal to 36.25%.

To find the credit use percentage of card A, we can set up a proportion:

80/100 = x/36.25

where x represents the credit use percentage of card A. Solving for x, we get:

x = (80 * 36.25) / 100 = 29

Therefore, the credit use percentage of card A is 29%.

To find the credit use percentage with card A having a zero balance, we subtract 29% from the overall credit use percentage:

Overall credit use percentage - Credit use percentage of card A = Credit use percentage with card A having a zero balance

36.25% - 29% = 7.25%

So, the credit use percentage with card A having a zero balance would be 7.25% rounded to the nearest hundredth.

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User Bilge
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