Can someone help me with the equation and I will doing the answer
During the past few years Great Britian's pund has been worth between $1 and $2 in US currency. Suppose the rate of exchange is $1.50 for each pund.
a. What is the value in dollars for 5 punds?
b. WHat is the value in pounds for $25.50?
a. 5 x 1.50 = value for $5 in pounds
b. 25.50 x 1.50 = value for $25.50 in pounds
On What is the value in ounds of $25.50?
I know the correct answer is 17 punds.
When I do
25.50 X 1.50= I get 38.25 what I am I doing wrong.
I'm sorry, I read it too fast. Divide 25.50 by 1.50 to get pounds.
To find the value in pounds of $25.50, you divided 25.50 by 1.50 to get 38.25. However, that is not the correct calculation.
The equation for finding the value in pounds of an amount in dollars at an exchange rate of $1.50 per pound would be:
Value in Pounds = Amount in Dollars / Exchange Rate
Therefore, to find the value in pounds of $25.50, you need to divide $25.50 by $1.50:
Value in Pounds = $25.50 / $1.50
Calculating this, you would get:
Value in Pounds = 17
So the value in pounds of $25.50 is 17 pounds.