a dealer must settle an account for $3200 in the USA. How much must he pay to his bant in SA is R1=$0,11?
First, you need to convert the $3200 to South African Rand. Since 1 USD is equal to 0.11 South Africa Rand, you can use the following formula:
3200 USD x 1 (R1 / 0.11 USD) = 3200 x 9.09 = 29 090 Rands
Therefore, the dealer must pay 29 090 Rands to his bank in South Africa.