A trader bought an engine for 15 000 00 outside... - WAEC Mathematics 2015 Question
A trader bought an engine for $15,000.00 outside Nigeria. If the exchange rate is $0.075 to N1.00, how much did the engine cost in Naira?
A
N250,000.00
B
N200,000.00
C
N150,000.00
D
N100,000.00
correct option: b
N1.00 = $0.075
N X = $15,000
X = \(\frac{1.00 \times 15000}{0.075}\)
= N200,000.00
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