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At 6pm on October 23rd you exchange 100 JPY and receive 12.33 GSD

a state the rate you will take and how much you expect to receive?

1 Answer

5 votes

Answer:

0.123 GSD are expected to be received by each JPY.

Explanation:

The exchange rate is the ratio of GSD per each JPY, that is:


x = (12.33\,GSD)/(100\,JPY)


x = 0.123\,(GSD)/(JPY)

Which means that 0.123 GSD are expected to be received by each JPY.

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