60 pounds On a trip, you had to change your money from dollars to British pounds. You got 560 pounds for 800 dollars. How many pounds will you get for 300 dollars? 210 pounds 429 pounds 540 pounds CLEAR CHECK
The Correct Answer and Explanation is:
To solve this problem, you need to find the exchange rate between dollars and British pounds. You are given the information that you got 560 pounds for 800 dollars. The problem asks how many pounds you would get for 300 dollars.
- Find the exchange rate:
The exchange rate is the number of pounds you get per dollar. To find this, divide the number of pounds by the number of dollars: Exchange Rate=560 pounds800 dollars=0.7 pounds per dollar\text{Exchange Rate} = \frac{560 \, \text{pounds}}{800 \, \text{dollars}} = 0.7 \, \text{pounds per dollar}Exchange Rate=800dollars560pounds=0.7pounds per dollar - Calculate the pounds for 300 dollars:
Now, multiply the number of dollars (300) by the exchange rate (0.7 pounds per dollar): Pounds for 300 dollars=300 dollars×0.7 pounds per dollar=210 pounds\text{Pounds for 300 dollars} = 300 \, \text{dollars} \times 0.7 \, \text{pounds per dollar} = 210 \, \text{pounds}Pounds for 300 dollars=300dollars×0.7pounds per dollar=210pounds
Therefore, the correct answer is 210 pounds.
Explanation:
You use the exchange rate to convert from one currency to another. By finding the exchange rate (0.7 pounds per dollar), you can multiply it by any amount of dollars to get the equivalent amount in pounds. For this problem, multiplying 300 dollars by 0.7 pounds per dollar gives you 210 pounds.
