Porter is visiting india and would like to purchase some local spices. he finds some spices that cost 452.95 rupees. if the current exchange rate is 1 dollar:73.6500 rupees, how much do the spices cost in u.s. dollars? $0.06 $16.26 $33,359.77 $6.15

Respuesta :

The cost of the spices in U.S. dollars is $6.15

What is exchange rate?

The exchange rate of one currency in respect of another is the amount of the local currency that exchanges hands for 1 unit of the foreign currency, in other words, the exchange rate of the Rupees in this case, is 73.6500 rupees equal $1, we need to determine the cost of the spices whose rupee price 452.95 rupees in this dollars

73.6500 rupees=$1

452.95 rupees= 452.95/73.6500*$1

452.95 rupees=$6.15

The cost of the spices in dollars is $6.15, hence, the last option is the most appropriate cost of the spices when converted to the dollars.

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