Kenya exchanges $200 for euros (€). Suppose the conversion rate is €1 = $1.321. How many euros should Kenya receive?
2 answers:
we know that
The conversion rate is equal to 
so
If Kenya exchanges
for euros
then
by proportion

therefore
<u>the answer is</u>
<span>Kenya exchanges $200 for euros (€).
Suppose the conversion rate is €1 = $1.321.
We are looking for how many euros.
1 : 1.321 = x : 200
1.321 x = 200
x = 151.40 Euros.
So, Kenya should receive 151.40 Euros.
</span>
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