Upon leaving Mexico Asanji decided to convert all his pesos back into dollars. how many dollars did he receive if he exchage 42.7 pesos at a rate of $5.30 = 11.1. Show work please
x/5.3 = 42.7/11.1
11.1x = 42.7 * 5.3
Can you calculate it from here?
I hope this helps.
To find out how many dollars Asanji received when he converted 42.7 pesos, we need to use the given exchange rate of $5.30 = 11.1 pesos.
First, we'll find out how much 1 peso is worth in dollars by dividing 5.30 dollars by 11.1 pesos:
1 peso = $5.30 / 11.1 pesos ≈ $0.477
Next, we'll multiply this value by the number of pesos Asanji wants to convert:
42.7 pesos × $0.477 ≈ $20.42
Therefore, Asanji received approximately $20.42 when he converted 42.7 pesos back into dollars.