\begin{tabular}{|c|c|c|}
\hline Currency & USD/1 Unit & Units/1 USD \\
\hline Canadian dollar & 0.97071 & 1.03069 \\
\hline Euro & 1.35261 & 0.73935 \\
\hline Japanese yen & 0.01007 & 99.30487 \\
\hline Indian rupee & 0.01594 & 62.72053 \\
\hline
\end{tabular}

Raj is visiting the United States and needs to convert 2,000 rupees to US dollars.

[tex]\[ \text{(2,000 rupees)} \left( \frac{0.01594 \text{ USD}}{1 \text{ unit rupee}} \right) \][/tex]

Raj will have [tex]$\$[/tex] \square$ USD.



Answer :

To find out how many US dollars (USD) Raj will receive for converting 2,000 Indian rupees (INR), we will use the given exchange rate for Indian rupees to US dollars from the table.

The given exchange rate is [tex]\( \text{0.01594 USD per 1 Indian rupee} \)[/tex].

We start with the amount Raj wants to convert: 2,000 rupees.

The steps to calculate the amount in USD are as follows:
1. Identify the amount of rupees Raj has: 2,000 rupees.
2. Multiply the amount of rupees by the exchange rate to find the equivalent amount in USD.

The calculation can be written down as:
[tex]\[ \text{USD} = \text{Amount in rupees} \times \text{Exchange rate} \][/tex]
[tex]\[ \text{USD} = 2,000 \times 0.01594 \][/tex]

When you do the multiplication, you get:
[tex]\[ \text{USD} = 2,000 \times 0.01594 = 31.88 \][/tex]

So, Raj will have [tex]$31.88 USD after converting 2,000 rupees. Thus: \[ \text{Raj will have } \$[/tex]31.88 \text{ USD.}
\]

Other Questions