Question

Brain wants to exchange South African rand for British pound if R1 is worth 0,075199 pound, how many pounds will he get fir R 2100 if he must pay ab agent commission of 1,5%?​

Answer 1

Answer: 155.99

Step-by-step explanation:

If 1 South African rand (ZAR) is worth 0.075199 British pound (GBP), then Brain will receive:

2100 ZAR * (0.075199 GBP / 1 ZAR) = 158.418 GBP

This is the amount Brain would receive without any commission. However, since he must pay an agent commission of 1.5%, the actual amount he will receive is:

158.418 GBP * (1 - 0.015) = 155.99 GBP (rounded to two decimal places)

Therefore, Brain will receive 155.99 British pounds after paying the agent commission.