Question

The currency in Thailand is the Baht (THB). If the exchange rate is approximately 129.60 Baht = $5.50 Canadian. How many Canadian dollars would you get if you exchanged 27.70 Baht?

Answer 1

1.175 Canadian dollars

Explanation:

129.6/5.50 = 27.70/x

because the exchange ratio is the same for the two currencies, use the above equation to find the answer. Therefore, use the cross multiply system which gets you

152.23 = 129.6x

x = 1.175