Question

Karen exchanged BDS$2000.00 and received $2700.00 EC. Calculate the value of one BDS$ in EC$.

A) $1.20
B) $1.35
C) $1.50
D) $1.80

Answer 1

The value of one Barbados Dollar (BDS$) in Eastern Caribbean Dollars (EC$) is EC$1.35. This is calculated by dividing the received EC$2700.00 by the exchanged BDS$2000.00.

Step-by-step explanation:

To calculate the value of one Barbados Dollar (BDS$) in Eastern Caribbean Dollars (EC$), we need to divide the amount of EC$ received by the amount of BDS$ exchanged. The exchange rate calculation would be:

Exchange rate (EC$ / BDS$) = EC$2700.00 / BDS$2000.00 = EC$1.35 / BDS$1.00

Therefore, the value of one BDS$ in EC$ is EC$1.35, which corresponds to answer B) $1.35.