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vodomira [7]
3 years ago
11

If the foreign exchange rate between the U.S. dollar and the Danish krone is 1:2.50, how many Danish kroner will you get for $5?

A. 7.50 Danish kroner B. 10.50 Danish kroner C. 12.50 Danish kroner
Mathematics
2 answers:
AURORKA [14]3 years ago
7 0

Answer:

Option C. 12.50 Danish kroner

Step-by-step explanation:

It is given that Foreign exchange rate between the U.S. dollar and the Danish kroner is 1 : 2.50

We have to calculate how many Danish kroner in 5 dollar, so we multiply 2.50 with 5.

∵ 1 dollar = 2.50 Danish kroner

∴  5 dollar = 2.50 × 5 = 12.50 Danish Kroner

Option C. 12.50 Danish kroner

enyata [817]3 years ago
3 0

\bf \begin{array}{ccll} US~\$&Danish~\$\\ \cline{1-2} 1&2.50\\ 5&d \end{array}\implies \cfrac{1}{5}=\cfrac{2.50}{d}\implies d=\cfrac{5\cdot 2.50}{1}\implies d=12.5

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PLEASE HELP ME
natulia [17]

<u>Answer:</u>  

Broker1 with $66.

Broker2 with $54.25

Broker4 with $50

Broker3 with $47.5

Broker5 with $33.5

<u>Explanation : </u>

Total number of shares Cindy have : 300

Market Price per share : $25  

Total price for the shares : 300 \times$25

                                        = $7500

Now ,

<u>Case 1: </u>

Commission provided by broker1 = 0.75%

Online fees provided by broker1 = $ 10

Total price provided by broker1= \frac{75}{10000}\times7500 +$10

                                                =$66.25

<u>Case 2:  </u>

Commission provided by broker2= 0.5%

Online fees provided by broker2=$17

Total price provided by broker2= \frac{5}{1000}\times 7500 + $17

                                                =$54.5

<u>Case 3: </u>

Commission provided by broker 3= 0.6% for 100 0r few  

Not applicable because  the total shares are 300

For over 100 shares

Commission provided= 0.5%

Online fees = $10

Total price =  \frac{5}{1000}\times 7500 + $10

                =$47.5

<u>Case 4: </u>

For more than 100 shares

Online fees for buying and sharing= $50

Total price = $50

<u>Case5 : </u>

Commision for a share bought or sold = 0.05%

Online fees =$30

Total Price= \frac{5}{10000}\times 7500 + $30

                 =$33.75

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