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14 October, 05:25

Liza's cousin Marie bought her a ring for 250 euros in France. Liza wants to pay Marie for it in U. S. dollars. If the foreign exchange rate between the U. S. dollar and euro is 1:0.6, how much should Liza pay Marie?

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  1. 14 October, 06:17
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    1 / 0.6 = x / 250 ... 1 dollar to 0.6 euros = x dollars to 250 euros

    cross multiply

    (0.6) (x) = (250) (1)

    0.6x = 250

    x = 250/0.6

    x = 416.67 american dollars
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