There are 3 students to 1 adult on a field trip. You need to find the number of adults needed for 24 students. What would the se
cond ratio of the proportion look like if the first proportion is as follows?
2 answers:
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Answer:
option (c) 475
Step-by-step explanation:
let the automobile installment credit be 'C'
Given:.
Automobile installment credit accounted for 36 percent of all outstanding consumer installment credit
Now,
57 billion is of automobile installment credit
or
57 billion = × C
or
C = 57 × 3
or
C = 171 billion
now,
installment credit accounted = 36% of all outstanding consumer installment credit
or
171 billion = 0.36 × all outstanding consumer installment credit
or
All outstanding consumer installment credit = $475 billion
Hence, the correct answer is option (c) 475