If you can exchange 104.51 US dollars for 1,322.14 Mexican pesos, what is the exchange rate of the US dollar to the Mexican peso, to three decimal places?

a.

1:12.650

b.

1:1.427

c.

1:0.079

d.

1:0.008

Verified Answer :

Answer:  Option 'a' is correct.

Step-by-step explanation:

Since we have given that

Amount he exchange in US dollars = 104.51

Amount he exchange for Mexican pesos = 1322.14

So, exchange rate of the US dollar to the Mexican pesos, to three decimal places is given by

\(104.51:1322.14\\\\=1:\frac{1322.14}{104.51}\\\\=1:12.650\)

Hence, the exchange rate of the US dollar to Mexican peso is

1:12.650.

Therefore, Option 'a' is correct.

Answer:

A

Step-by-step explanation: