Nancy goes to the Post Office to exchange money. Exchange Rates
£1:$1.31
£1 : €1.14
*Commission Charged
$ £ €
Nancy changes $759.80 and €342 into pounds sterling.
The Post Office deducts their commission and gives Nancy £827.20
What is the percentage commission?​

6% commission

Step-by-step explanation:

Exchange Rates

£1:$1.31

£1 : €1.14

$759.80 to pounds sterling :

£1 = $1.31

x = $759.80

Cross multiply :

x = 759.80 / 1.31

x = £580

£1 = €1.14

x = €342

Cross multiply :

x = 342 /1.14

x = £300

Total = £(580 + 300) = £880

Amount deducted = commision = £880 - £827.20 = £52.80

Percentage commission :

(52.80 / 880) * 100%

0.06 * 100%

= 6% commission

answer:

payment just for service  

→

$

87.12

payment for service including tax

→

$

94.09

explanation:

service only with 20% tip  

→

$

72.6

(

1

+

20

100

)

=

$

87.12

in the opening of the question the word 'service' is associated only with the pretax value.

the closing part of the question asks: how much did she pay for the  

service

−−−−−−  

so technically the answer is  

→

$

72.6

(

1

+

20

100

)

=

$

87.12

however, the intention of the question provider may have been that your answer is to be  

$

87.12

(

1

+

8

100

)

=

$

94.09

to 2 decimal places.

'

payment just for service  

→

$

87.12

payment for service including tax

→

$

94.09

tony b

mar 21, 2017

answer:

trying to explain it another way

explanation:

service charge  

.

→

$

72.60

20% tip  

20

100

×

$

72.60

=

$

14.52

−−−−−−  

←

add

$

87.12

tax  

8

100

×

$

87.12

=

$

6.97

−−−−−  

←

add

$

94.09

related questions

x > 1.3

step by step:

8.5−0.9x> 9.8−1.9x

step 1: simplify both sides of the inequality.

−0.9x+8.5> −1.9x+9.8

step 2: add 1.9x to both sides.

−0.9x+8.5+1.9x> −1.9x+9.8+1.9x

1x+8.5> 9.8

step 3: subtract 8.5 from both sides.

1x+8.5−8.5> 9.8−8.5

1x> 1.3

step 4: divide both sides by 1.

1x/1 > 1.3/1