contestada

The Bank of France sells U.S. dollars ($) at a rate of ($1.40)/(€1) and buys U.S. dollars at a rate of ($1.80)/(€1). At the beginning of a trip, Sandra exchanged $420 to get €233.33. At the end of the trip, she is left with €36, so she exchanges the €36 back to U.S. dollars. How many U.S. dollars will Sandra receive in exchange?


$50.40


$8


$25.71


$64.80

Respuesta :

adioabiola

The amount in U.S dollars which Sandra will receive in exchange for her; €36 at the rate of ($1.40)/(€1) given is; $50.40.

How many U.S. dollars will Sandra receive in exchange?

According to the task content, it follows that the Bank of France sells U.S. dollars ($) at a rate of ($1.40)/(€1) and buys U.S. dollars at a rate of ($1.80)/(€1).

Hence, it follows that since €1 is equivalent to $1.40, the amount which will be received by Sandra is;

= $1.40 × 36

= $50.40.

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