Answer: The correct option is
(A) Gerard has spent less than
of his lunch money.
Step-by-step explanation: Given that Gerard has $30 to spend on lunches this month that costs him $1.50 each day.
We are to find the correct statement after Gerard buys lunch for 8 days.
We have
Cost of Lunch for one day = $1.50.
So, cost of lunch for 8 days will be
![\$(1.50\times 8)=\$12.](https://tex.z-dn.net/?f=%5C%24%281.50%5Ctimes%208%29%3D%5C%2412.)
That is, Gerard has spent $12 of his lunch money in 8 days.
Also, the total amount of money Gerard has for lunch = $30.
So, half of the lunch money will be
![\dfrac{30}{2}=\$15.](https://tex.z-dn.net/?f=%5Cdfrac%7B30%7D%7B2%7D%3D%5C%2415.)
Since, 12 < 15, so Gerard has spent less than
of his lunch money.
Thus, option (A) is correct.