# supposed a credit card processing colpany charged a 3.5% processing fee. you are selling an item...

supposed a credit card processing colpany charged a 3.5% processing fee.

you are selling an item for X

write out an equation that will calculate what is the total amount that you should charge so that you will get excactly X amount of money after any processing fee is applied.

For example,

x=250,

what should you charged the customer so that after the 3.5% proxessing fee is applied you will have excactly 250.00

write out an equation so that it can be used in any situation

supposed a credit card processing colpany charged a 3.5% processing fee. you are selling an item for X write out an equation that will calculate what is the total amount that you should charge so that you will get excactly X amount of money after any processing fee is applied. For example, k=250, what should you charged the customer so that after the 3.5% proxessing fee is applied you will have excactly 250.00 write out an equation so that it can be used in any situation

Let us assume the value of X let say \$250

Processing fee = 3.5%

Now the equation we could create for the same value after applying the processing fee charged is

= (X / 1 + 0.035) + (X * 3.5%)

= (X / 1.035) + (X * 3.5)

Now for check this equation we put the above values

= (\$250 / 1.035) + (\$250 / 1.035 * 3.5%)

= \$241,.54 + (\$241.54 * 3.5%)

= \$241.54 + \$8.454

= \$249.99

= \$250

Hence, it is proved by applying the above equation

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