Question

A guidebook says that one night at a mid-range hotel the capital city, republica cost between $25 an $40 us dollars. The hotel capital city offers a one week rental for 150 rp ( republica pounds) the current exchange rate is 1=0.0147 usd ($us dollars) does the price per night at the hotel capitol suggest that it a mid range hotel?

Answer 1

To determine if the hotel capital suggests is a mid-range hot, we need to do the conversion:

$150rp\cdot\frac{0.0147\text{usd}}{1rp}=2.2\text{ usd}$

By the exchange rate 1rp=0.0147usd, notice the rental week of Hotel Capital city is $2.2

Then, for the night:

$\frac{2.2}{7}=0.31$

Then, a night at Hotel Capital City would be $0.31. It is not a mid-range hotel.