Question

Mrs. Nez owns a small business. When her customers pay with

a credit card, she receives 95.8% of the charged amount from
the credit card company. If a customer makes a $20 purchase,
how much will Mrs. Nez receive from the credit card company?

Answer 1

the amount received from the credit card company is $19.16

Explanation:

The computation of the amount received from the credit card company is shown below:

= Purchase made by the customer × received percentage

= $20 × 95.8%

= $19.16

Hence, the amount received from the credit card company is $19.16

The same is to be considered and relevant too