Question

The exchange rate of a Chinese RMB to a US dollar is 1 RMB to 0.15 US dollar.
How many RMB can an individual purchase if he or she has 250.00 US dollars?

Answer 1

9514 1404 393

Answer:

  1666

Step-by-step explanation:

The numbers of currency units are proportional.

  RMB/USD = 1/0.15 = x/250

  x = 250/0.15 . . . . . . . . . . . . . . multiply by 250

  x ≈ 1666

1666 RMB can be purchased with $250 US.

_____

The purchaser will receive $0.10 in change.