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A credit card processing company charges a fee of $0.03 per dollar for each transaction. What percent of each transaction is the fee? A. 0.03% B. 0.3% C. 30% D. 3%
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A credit card processing company charges a fee of $0.03 per dollar for each transaction. What percent of each transaction is the fee? A. 0.03% B. 0.3% C. 30% D. 3%
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Oct 5, 2019
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A credit card processing company charges a fee of $0.03 per dollar for each transaction. What percent of each transaction is the fee?
A.
0.03%
B.
0.3%
C.
30%
D.
3%
Mathematics
middle-school
Jungtaek Lim
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Your answer is D. In percentages, 1 would be the equivalent of 100%. Therefore, if it is out of one dollar, and the fee is .03, then it would be 3% of one dollar.
Meylin
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Oct 10, 2019
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Meylin
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