While traveling to Europe, Phelan exchanged 250 US dollars for euros. He spent 150 euros on his trip. After returning to the United States he converts his money back to US dollars. How much of the original 250 US dollars does Phelan now have?
A. 44.70 US dollars
B. 73.06 US dollars
C. 136.87 US dollars
D. 140.41 US dollars
Answers
Answered by
10
As 1 USD = 0.85 Euro
Total Euros Phelan had = 250 * 0.85 = 212.5 euros
Money left after spending 150 euros = 62.5 euros
62.5 euros = 62.5/0.85 = 73.5 USD
He was left with 73.5 USD
Answered by
7
The correct answer is option A. 44.70 US dollars
For solving this question first we will convert the USD to euros.
The conversion rate we have is:
1 euro = 1.3687 USD
250/1.3687 = 182.655 euros
Now we we will subtract it from what he has spent:
182.655 - 150
= 32.655 euros
Now we will again convert it back to USD
32.655 euros * 1.3687 = 44,695 us dollars
So the Answer is 44.70
Similar questions