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After returning a few items from online shopping, Luca received a credit of 125125 dollars in his bank account. \newlineWhat does the number 125125 mean? \newlineChoose 11 answer:\newline(A) Luca owes 125125 dollars to the bank. \newline(B) Luca received 125125 dollars in his account.

Full solution

Q. After returning a few items from online shopping, Luca received a credit of 125125 dollars in his bank account. \newlineWhat does the number 125125 mean? \newlineChoose 11 answer:\newline(A) Luca owes 125125 dollars to the bank. \newline(B) Luca received 125125 dollars in his account.
  1. Receive Credit Explanation: Luca received a credit of 125125 dollars in his bank account after returning items. A credit in a bank account means that the account balance has increased by that amount.
  2. Understanding Credit in Bank Account: To understand what the number 125125 represents in this context, we need to consider the meaning of a credit to an account. A credit increases the account balance, indicating that money has been added to the account.
  3. Increase in Account Balance: Since the account balance increased, it means Luca received money. Therefore, option (A) "Luca owes \(125\) to the bank" is incorrect because owing money would be a debit, not a credit.
  4. Interpreting Credit of \(125 Dollars: Option (B) "Luca received \)\(125\) dollars in his account" is the correct interpretation of a credit. This means that the bank has added 125125 dollars to Luca's account balance.

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