Question

I see that the amount i owe has been reduced from $90.00 to $75.00."

Answer 1

Answer:

its debt decreased by 16.6%

Step-by-step explanation:

If you decreased your debt from $ 90 to $ 75, it means that the rebate was $ 15

In percentage terms, you can calculate debt abatement in two ways:

Let x denote the value

1) By rule of 3

90 ---- 100%

15 = x%

x = 1500/90

x = 16.6%

2) Divide the discounted value by the total value

15/90 = 0.166

Then, simply multiply by 100 to reach the percentage

0.166 x 100 = 16.6

Therefore, its debt decreased by 16.6%

Answer 2

Then your amount was reduced to $15 less