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How much did credit-card fraud cost United States banks in year X to

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New post 26 Jul 2017, 08:51
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How much did credit-card fraud cost United States banks in year X to the nearest $ 10 million?

(1) In year X, counterfeit cards and telephone and mail-order fraud accounted for 39 percent of the total amount that card fraud cost the banks.

(2) In year X, stolen cards accounted for $ 158.4 million, or 16 percent, of the total amount that credit-card fraud cost the banks.

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Re: How much did credit-card fraud cost United States banks in year X to  [#permalink]

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New post 08 Aug 2017, 08:41
carcass wrote:
How much did credit-card fraud cost United States banks in year X to the nearest $ 10 million?

(1) In year X, counterfeit cards and telephone and mail-order fraud accounted for 39 percent of the total amount that card fraud cost the banks.

(2) In year X, stolen cards accounted for $ 158.4 million, or 16 percent, of the total amount that credit-card fraud cost the banks.



B) Wins

A ) There can b more other type of frauds which are not mentioned....So can't calculate

B) 16% is 158.4 million dollars.. we can calculate total credit card fraud
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Re: How much did credit-card fraud cost United States banks in year X to  [#permalink]

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New post 17 Jul 2018, 01:51
Hi carcass

What does this phrase mean below?

"to the nearest $ 10 million"

carcass wrote:
How much did credit-card fraud cost United States banks in year X to the nearest $ 10 million?

(1) In year X, counterfeit cards and telephone and mail-order fraud accounted for 39 percent of the total amount that card fraud cost the banks.

(2) In year X, stolen cards accounted for $ 158.4 million, or 16 percent, of the total amount that credit-card fraud cost the banks.
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Re: How much did credit-card fraud cost United States banks in year X to  [#permalink]

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New post 17 Jul 2018, 04:20
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Re: How much did credit-card fraud cost United States banks in year X to  [#permalink]

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New post 08 Aug 2019, 03:58
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Re: How much did credit-card fraud cost United States banks in year X to   [#permalink] 08 Aug 2019, 03:58
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