Answer :
Answer: The correct option is
(A) Gerard has spent less than [tex]\dfrac{1}{2}[/tex] of his lunch money.
Step-by-step explanation: Given that Gerard has $30 to spend on lunches this month that costs him $1.50 each day.
We are to find the correct statement after Gerard buys lunch for 8 days.
We have
Cost of Lunch for one day = $1.50.
So, cost of lunch for 8 days will be
[tex]\$(1.50\times 8)=\$12.[/tex]
That is, Gerard has spent $12 of his lunch money in 8 days.
Also, the total amount of money Gerard has for lunch = $30.
So, half of the lunch money will be
[tex]\dfrac{30}{2}=\$15.[/tex]
Since, 12 < 15, so Gerard has spent less than [tex]\dfrac{1}{2}[/tex] of his lunch money.
Thus, option (A) is correct.