Question

Angela lives in the United States. She went on a trip, flying first to London, then to Paris, then back to the United States. Assume that currency rates remained constant during her trip.a. If the currency rate was $1.67 per English pound, about how many pounds did she receive in exchange for $500 cash? Show your work or explain your reasoning.

Answer 1

$\bf \begin{array}{ccll} dollar&po und\\ \text{\textemdash\textemdash\textemdash}&\text{\textemdash\textemdash\textemdash}\\ 1.67& 1\\ 500& p \end{array}\implies \cfrac{1.67}{500}=\cfrac{1}{p}\implies p=\cfrac{500\cdot 1}{1.67}$