# Converting MONEY

• Apr 27th 2011, 01:51 PM
Satnam
Converting MONEY
1.On july 1,2005 there were 8.2765 chinese yuan per \$1 and 1.1957 euros per \$1. On the same day, how many euros were equal to 1 yuan?
I think the answer is 9.8962euros

2. In 2005 admission to the Bronx zoo was \$6 for a child and admission to the toronto zoo was 11 candian dollars. Using the exchange rate of 1.2403 candian dollars per U.s dollar which zoo's admission costs more in U.S dollars.
I think its Bronx Zoo.

3. Julia had a meal at a restaurant in tokyo hapan that cost 2,500 yen. She ate a similar meal in new york city that cost \$24.00. USing the exchange rate of 111.568 yen per U.s dollar in which city did julia pay more for her meal.

• Apr 27th 2011, 02:26 PM
Satnam
number 2 is wrong its toronto zoo
• Apr 27th 2011, 02:52 PM
Satnam
thanks i got the idea
• Apr 30th 2011, 01:19 AM
dkmathguy
1)
8.2765 Chinese yuan = 1.1957 euros. To get 1 yuan, divide both side by 8.2765
8.2765/8.2765 Chinese yuan = 1.1957/8.2765 euros
1 Chinese yuan = 1.1957/8.2765 euros
1 Chinese yuan = 0.1445 euros

2) 2nd post Correct

3) Correct