Question

If the exchange rate is 12 Mexican pesos to every 1 U.S. dollar, how many dollars would you spend if you wanted to purchase something for 20 pesos?

1.67 dollars


2 dollars


240 dollars


12 dollars

Answer 1

1.67 if 12 is a dollar and u have 20 and you need 24 to be 2 dollars the answer is less than 2

Answer 2

To find this you would need to divide 20 by 12 to show the increase that is needed for the US dollar. Simplifying the fract 20/12 you would get 1 2/3 which then you multiply by 1 since that is how much the exchange rate is, giving you a rounded answer of $1.67.