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a traveller from australia pays aud 600 for a ski lodge in switzerland.…

Question

a traveller from australia pays aud 600 for a ski lodge in switzerland. the cross rate table shows:
1 aud = 0.61 chf
their credit card applies a 3% fee on international transactions.
what is the total cost in chf, including the fee?
chf 376.98
chf 366.00
chf 354.84
chf 378.92

Explanation:

Step1: Calculate base cost in CHF

$600 \times 0.61 = 366$

Step2: Calculate 3% fee on base cost

$366 \times 0.03 = 10.98$

Step3: Total cost including fee

$366 + 10.98 = 376.98$

Answer:

CHF 376.98