Question

Mikel traded Australian dollars for Thai baht at an exchange rate of 1 Australian dollar = 29.3225 Thai baht. He gave the exchanger a total of $1900 and was charged a flat fee of $40. Approximately how many Thai baht does Mikel have?

Answer 1

1900-40=1860
1860 x 29.3225 = 54539.85

Answer 2

The answer is 54539.85 Thai baht.

Explanation:

1 Australian dollar = 29.3225 Thai baht.

Mikel gave the exchanger a total of $1900 and was charged a flat fee of $40.

As he was charged a fee so we will subtract it from the original amount.

`1900-40=1860` Australian dollars

So, this amount in Thai baht becomes:

`1860*29.3225=54539.85` Thai baht.

The answer is 54539.85 Thai baht.