The peso is the currency of Mexico. On October 17, 2016, the exchange rate for 1 Mexican peso was $0.053 U.S. If a traveler exch
anged $400 (U.S.) for Mexican pesos, how many pesos did they receive? Round your answer to the nearest peso.
2 answers:
1 peso = 0.053 dollars.
x pesos = 400 US dollars.
1/x = 0.053 / 400 Cross multiply
400 * 1 = 0.053 x Divide by 0.053
400/0.053 = 0.053*x / 0.053
7547.17 pesos which rounded is
Answer: 7547 pesos
Answer:
7547 Mexican pesos
Step-by-step explanation:
The exchange rate for 1 Mexican peso was $0.053
A traveler exchanged $400 (U.S.) for Mexican pesos.
Let the Mexican pesos exchanged for $400 be x
0.053 U.S. Dollars = 1 Mexican pesos
400 U.S. Dollar = 0.053x Mexican pesos
= x
x = 7547.169 ≈ 7547 Mexican pesos
They received 7547 Mexican pesos
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