Question

If $1 equals ?6.21 (Chinese Yen), an item that costs ?75 would be how much in American dollars? $465.75 $68.33 $42.25 $12.08

Answer 1

The answer is $12.08.

All you really have to do is 75/6.21. That's the simpler version of what the previous person said. Even though the statement about 1 American dollar being 6.21 Chinese yuan, the answer would be $12.08.

If we were being literal, 75 yuan would equal 10.70 American dollars, but this question wants to give out incorrect information and make us think differently. The answer to this question is still $12.08.

Answer 2

You just need to write a proportion like

`\text{dollar} / \text{yen} = \text{price in dollars} / \text{price in yen}`

In your case, you have

`1 / 6.21 = \text{price in dollars} : 75`

Solving for the price in dollars, you have

`\text{price in dollars} = (75 \cdot 1)/(6.21) = (75)/(6.21) = 12.077`

So, the closest answer is 12.08.