Question

How many Mexican pesos would you have received for 750 U.S dollars on february 12, 1999 if 9.9420 Mexican pesos equal to 0.2001 U.S dollars? Round your answer to nearest hundredth.

Answer 1

Step 1

Given;

`9.9420\text{ mex}ican\text{ pesos=\$0.2001}`

Required; To find out how many Mexican Pesos one would receive for $750

Step 2

Find how much Mexican Pesos, taken as x, that will be received using the ratio.

`(9.9420)/(x)=(0.2001)/(750)`
`\begin{gathered} 7456.5=x(\: 0.2001)_{} \\ x(\: 0.2001)=7456.5 \\ (x(\: 0.2001))/(0.2001)=(7456.5)/(0.2001) \\ x=(7456.5)/(0.2001) \\ x\approx37263.86806 \\ x\approx37263.87\text{ Mex}ican\text{ Pesos} \end{gathered}`

Answer; 37263.87 Mexican Pesos