Question

(a) If NC. 200 = 2.45 Australian dollar and 8816 Australian dollar 8152 Canadian dollar. how much Canadian dollar can be exchanged with NC, 45000 ?​

Answer 1

The amount of Canadian dollar that can be exchanged with NC. 45000 is; 533.69 canadian dollar

What is the currency equivalent?

We are told that;

NC. 200 = 2.45 Australian dollar

8116 Australian dollar = 8152 canadian dollar

Thus;

NC per Australian dollar = 200/2.45 NC/AUS Dollar

Thus;

200/2.45 NC = 1 Australian dollar

8116/8152 Australian dollar = 1 canadian dollar

Since 1 Australian dollar = 200/2.45 NC , then

8116/8152 Australian dollar = 8116/8152 * 200/2.45

⇒ 81.272 NC

Thus;

81.272 NC = 1 canadian dollar

Then; NC.45000 = 45000/81.272  = 533.69 Canadian dollar

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