Question

As an estimation we are told €4 is $5. What is the conversion rate from € to $? Give your answer rounded to 2 DP.

Answer 1

$1.25/€

Explanation:

€4 = $5

Divide both sides by €4.

€4/€4 = $5/€4

1 = $5/€4 = $1.25/€

Since $1.25/€ is equal to one, multiplying a number of euros by it will not change the value of the number. It will convert it from euros to dollars.

Answer: $1.25/€