Question

As an estimation we are told €4 is $5.

Answer 1

Answer:

The conversion rate with 2 decimal places is $1.25

Step-by-step explanation:

We know that €4 is $5 as it is given in the problem as an estimation...

So we can use the rule of 3, to know the conversion rate between the two currencys.

We already know that €4 is $5, so we pose that €1 is $x

From this rule, we have that

$x=\frac{1*5}{4}=\frac{5}{4}$

and

$\frac{5}{4}=1.25$

and $1.25 for every € is the conversion rate.

Answer 2

Answer:

5/4=$1.25 per €1

Step-by-step explanation:

just divide 5/4=1.25