Question
Whole numbers soLving PROBLEMS: FINANCE Methuli is on holiday in China. The currency in China is the yuan \( (¥) \). Methuli buys a meal at McDonald's for \( ¥ 87 \). If the exchange rate between the South African rand and the Chinese yuan \( (¥) \) is \( ¥ 1=R 2 \), determine the price of Methuli's meal in rands.
Ask by Cole Watkins. in South Africa
Feb 16,2025
Upstudy AI Solution
Tutor-Verified Answer
Answer
Methuli's meal costs R174 in South African rands.
Solution
Methuli's meal costs ¥87. Given the exchange rate of ¥1 = R2, multiply 87 by 2:
87 × 2 = R174
So, the price of Methuli's meal in South African rands is R174.
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Simplify this solution The Deep Dive
To find the price of Methuli's meal in rands, you multiply the cost of the meal in yuan by the exchange rate. So, if the meal costs ¥ 87 and the exchange rate is ¥ 1 = R 2, you simply do the calculation: \( ¥ 87 \times R 2 = R 174 \). Thus, Methuli spent R 174 on her meal. When dealing with currency conversions, it's essential to keep track of the rates as they can fluctuate wildly! Always double-check the latest rates before making conversions, as a small mistake can lead to budgeting issues. Next time you're exchanging money, consider using online calculators or apps that can provide up-to-date information quickly!
