Question

On a certain day the exchange rate of Mexican pesos for U.S. dollars was approximately 10 pesos for 1 dollar. If an exchange of 4,000 pesos was made that day, what was the approximate value of the exchange in dollars?

Answer 1

400 dollars

Explanation:

10 pesos = 1 dollar

4,000 pesos = ? dollars

4,000 ÷ 10 = 400 dollars