Question

You are traveling to Japan and need Japanese Yen (JPY). How much JPY could you get for $100 USD if the exchange rate is USD/JPY 0.9333 ?

the options are 
¥107.15
¥93.33
¥99.07
¥100.93

Answer 1

107.15

Explanation:

100/.9333=107.15

Answer 2

In $100 USD we will get ¥107.15

A is correct.

Explanation:

You are traveling to Japan and need Japanese Yen (JPY)

We need to convert $100 USD to JPY

If conversion rate is $1USD = 0.9333JPY

The value of $1 USD is 0.9333 JPY

Let in $100 USD get x JPY

So, The ratio must be same.

`(100)/(x)=0.9333`

`x=(100)/(0.9333)`

`x=107.15`

Hence, In $100 USD we will get ¥107.15