On a quiz show, a contestant loses $12.50 in prize money for each wrong answer. One contestant has answered no questions right and 6 questions wrong. What is his balance of prize money?(1 point)

Question

Responses

$75.00
$75.00

−$72.50
negative $72.50

−$75.00
negative $75.00

−$72.00

Answer 1

To calculate the contestant's balance of prize money, we need to determine how much he loses for the 6 wrong answers.

Each wrong answer results in a loss of $12.50. Therefore, for 6 wrong answers:

Loss = Number of wrong answers × Amount lost per wrong answer Loss = 6 × $12.50 = $75.00

Since the contestant has answered no questions right and only wrong answers, his balance of prize money will be negative due to the losses incurred:

Balance = 0 - Loss Balance = 0 - $75.00 = -$75.00

Thus, the contestant's balance of prize money is −$75.00.