MSR IR Question Bank - Question #3

[bruno_torres_gomez]

Regarding Question Question #3 , Specifically the first option "Even after deduction of the transaction fee, the average pre-tax revenue per fare (including tips) is more than 11% higher with the new card readers than before."

The explanation mentions "Under the old system, the pre-tax revenue per fare is F + 10% of F" where is the 10% coming from ?


Also, the text in the report tab ends in with the sentence "all signed up for zero-interest plans to pay back the installation cost over 6 months." There is a vertical scrollbar, but there is nothing to scroll to; am i missing something ?

Thanks!
Bruno

[tim]

The 10% comes directly from the information in the "report" tab; that was the old average tip rate. There is nothing to scroll to; it looks like a scroll bar but isn't.