A local financial institution has a service charge of $$ 4.80$ for every withdrawal. If you have withdrawn $$ 114,$ what amount will you get?

$ 109.20

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$ 118.80

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$ 114

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$ 547.20

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Solution

The correct option is A $$ 109.20$
Number of transactions made $= 1$
Cash withdrawn $= $ 114$
Service charge for every transaction $= $ 4.80$
Total amount charged $= $ 114 - $ 4.80 = $ 109.20$
Hence, option C is the correct answer.

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A local financial institution has a service charge of $4.80 for every withdrawal. If you have withdrawn $114, what amount will you get?

The correct option is A $109.20Number of transactions made =1 Cash withdrawn =$114 Service charge for every transaction =$4.80 Total amount charged =$114−$4.80 =$109.20 Hence, option C is the correct answer.

A local financial institution has a service charge of $$ 4.80$ for every withdrawal. If you have withdrawn $$ 114,$ what amount will you get?

The correct option is A $$ 109.20$
Number of transactions made $= 1$
Cash withdrawn $= $ 114$
Service charge for every transaction $= $ 4.80$
Total amount charged $= $ 114 - $ 4.80 = $ 109.20$
Hence, option C is the correct answer.