Question

Convert 810 Mexican pesos (MXN) into Euros using the exchange rates 1 MXN= 0.052 USD and 1 USD= 0.91 EUR. Round to the nearest cent.

Answer 1

Given:

810 Mexican pesos

we will convert the given currency into Euros

Given the exchange rates are:

1 MXN= 0.052 USD

1 USD= 0.91 EUR

So,

1 MXN = 0.052 * 0.91 EUR

Multiplying both sides by 810

so,

`810\text{MXN}=810\cdot0.052\cdot0.91EUR=38.3292EUR`

Rounding to the nearest cent:

So,

810 MXN = 38.33 EUR