Question

The money used in Egypt is called thePound. The exchange rate is $6.40 forevery 5.7 Pounds. Find howmanydollarsyou would receive if you exchanged 32.8Pounds.

Answer 1

For every 5.7 pounds, the exchange rate is $6.40

If 1 pound is exchanged, the amount received is

`(6.40)/(5.7)\text{ dollars}`

If 32.8 pounds are exchanged, the amount received in the dollar is

`\begin{gathered} (6.40)/(5.7)*32.8=36.8281 \\ \approx36.3 \end{gathered}`

So, the amount received is $36.3 in exchange for 32.8 pounds