Question

On a trip to Mexico, Sheika bought a piece of jewelry that cost 43.65. She paid for it with her credit card, which charges a foreign transaction fee of 3%. How much was the foreign transaction fee? Round to the nearest hundredth

44.96
1
1.31
13.10

Answer 1

Hi there!

fee:1.31

1.Multiply percent term by 0.01:

`3`·
`0.01=0.03`

2.Multiply cost by 0.03:

`43.65`·
`0.03= 1.3095`

3.Round into nearest hundred:

`1.3095=1.31`

Therefore, the cost of the fee would be 1.31$.

Answer 2

The extra fee was 1.31

It brought her total up to 44.96