Question

At an airport in Mexico City, Diego exchanged 300 US dollars for 6,000 Mexican pesos. What is the exchange rate from US dollars to Mexican pesos?

1) 1 US dollar = 20 Mexican pesos
2) 1 US dollar = 18 Mexican pesos
3) 1 US dollar = 15 Mexican pesos
4) 1 US dollar = 12 Mexican pesos

Answer 1

The exchange rate from US dollars to Mexican pesos is 1 US dollar = 20 Mexican pesos, calculated by dividing the amount of pesos received by the amount of dollars exchanged.

Step-by-step explanation:

To find the exchange rate from US dollars to Mexican pesos given that Diego exchanged 300 US dollars for 6,000 Mexican pesos, we divide the amount in pesos by the amount in dollars. The calculation is as follows: 6,000 pesos ÷ 300 dollars = 20 pesos per dollar. Therefore, the exchange rate is 1 US dollar = 20 Mexican pesos.

The exchange rate from US dollars to Mexican pesos can be calculated by dividing the amount of Mexican pesos received by the amount of US dollars exchanged. In this case, Diego exchanged 300 US dollars for 6,000 Mexican pesos. So the exchange rate would be 6,000 pesos divided by 300 dollars, which equals 20 pesos per dollar. Therefore, the correct answer would be 1) 1 US dollar = 20 Mexican pesos.