Kenya exchanges $200 for euros (€). Suppose the conversion rate is €1 = $1.321. How many euros should Kenya receive?
Kenya exchanges $200 for euros (€).
Suppose the conversion rate is €1 = $1.321.
We are looking for how many euros.
1 : 1.321 = x : 200
1.321 x = 200
x = 151.40 Euros.
So, Kenya should receive 151.40 Euros.
we know that
The conversion rate is equal to \(\frac{1}{1. 321} \frac{Euro}{Dollars}\)
so
If Kenya exchanges \(\$200\) for euros
then
by proportion
\(\frac{1}{1. 321}\frac{Euro}{Dollars} =\frac{x}{200} \frac{Euros}{Dollars}\\\\x*1.321= 200\\\\ x= (200/1.321)\\\\ x=151.40\ euros\)
therefore
the answer is
\(151.40\ euros\)