Let x be the amount of yuan that 38.39 dollars was worth. Since the ratio of chinese yuan to dollars is 1 to 0.16, then:
[tex]\frac{x}{38.39\text{ dollars}}=\frac{1\text{ yuan}}{0.16\text{ dollars}}[/tex]Solve for x:
[tex]\begin{gathered} x=\frac{1\text{ yuan}}{0.16\text{ dollars}}\times38.39\text{ dollars} \\ =\frac{38.39}{0.16}\text{ yuan} \\ =239.9375\text{ yuan} \\ \approx239.94\text{ yuan} \end{gathered}[/tex]Therefore, the answer is: 239.94 yuan.
