You have a score of 700 but your credit score gets affected by having too much debt and you lose 5% of your credit score. What is your new score?

Question

Mathematics

Kaitlynn Alvarez

11 May, 01:45

You have a score of 700 but your credit score gets affected by having too much debt and you lose 5% of your credit score. What is your new score?

+5

Answers (2)

Know the Answer?

Rodney Robbins · Answer 1

Do a proportion

5/100 = x/700

Cross multiply and divide

700 x 5 = 3, 500

3, 500 divided by 100 = 35

So 35 is 5% of 700.

To find new score do 700 - 35

Answer is 665

Tiana · Answer 2

700*5/100 = 3500/100 = 35

700 - 35 = 665