Question

Before his trip to France, Shawn exchange $225 U.S. Dollars for euros at a rate of $1.35 U.S. Dollars to 1 euro. Determine the amount of money in euros that Shawn received for his $225 U.S. Dollars.

Answer 1

Shawn received 166.67 euros

Explanation:

Step 1: Determine exchange rate

Exchange rate=Value of US dollars/value of euros

where;

Exchange rate=1.35

Value of euro=x

Value of U.S dollar=225

Step 2: Determine the value in euros for 225 dollars

Value of euros=Value of US dollars/exchange rate

replacing;

Value of euros=(225/1.35)=166.67 euros

Shawn received 166.67 euros