Question

One Canadian dollar is valued 0.96 of a US dollar. One Canadian dollar is valued at what fraction of a US dolar

Answer 1

One Canadian dollar is $\frac{24}{25}$ of a U.S. dollar

Solution:

Given that, One Canadian dollar is valued 0.96 of a US dollar

To find: One Canadian dollar is valued at what fraction of a US dollar

Which means, we have to convert 0.96 to fraction

From given,

1 canadian dollar = 0.96 US dollar

Convert 0.96 to fraction:

$\rightarrow 0.96 = \frac{0.96}{1}$

Multiply and divide by 100

$\rightarrow 0.96 = \frac{0.96 \times 100}{1 \times 100}$

Simplify the above expression

$\rightarrow 0.96 = \frac{96}{100}$

Reduce the fraction to lowest terms

$\rightarrow 0.96 = \frac{96 \div 4}{100 \div 4}\\\\\rightarrow 0.96 = \frac{24}{25}$

Thus, one Canadian dollar is $\frac{24}{25}$ of a U.S. dollar