Question

You have returned from a trip to Europe and still have €200 euro. How much in U.S. dollars should you receive if the exchange rate is USD/EUR 0.6991 ?

Answer 1

Answer:

You should receive 286.0821056 US dollars

Step-by-step explanation:

* Lets explain how to solve the problem

- The exchange rate is USD/EURO 0.6991

- That means 1 USD = 0.6991 EURO

- You have 200 EURO

- You want to convert them to US dollars

∵ 1 dollars = 0.6991 euro

       USD  :  EURO

           1     :  0.6991

           x     :   200

∴ $\frac{1}{0.6991}=\frac{x}{200}$

- By using cross multiplication

∴ 0.6991 x = 200

- Divide both sides by 0.6991

∴ x = 286.0821056

∵ x represents the amount of US dollars

∴ You should receive 286.0821056 US dollars