Question

if 1 candian dollar is equivalent to 1.04 austrialian dollars what is the value if 4269 australian dollars in canadian currency?

Answer 1

4104.8

Explanation:

To solve this problem, the easiest approach is to set up a proportion. Use the following general format;

`(currenncy_1)/(currency_2)=(balance_1)/(balance_2)`

This will allow one to describe the relationship between the different currency values. Substitute in the given information and solve;

`(currenncy_1)/(currency_2)=(balance_1)/(balance_2)`

`(canadian)/(australian)=(balance_1)/(balance_2)`

`(1)/(1.04)=(x)/(4269)`

Cross products,

`(1)/(1.04)=(x)/(4269)`

`(1)(4269)=(1.04)(x)\\4269=1.04x`

Inverse operations,

`4269=1.04x\\4104.8\approx x`

Answer 2

4104.807

Explanation:

4269÷1.04

=4104.807