Ratio tables

Before leaving to visit Mexico, levant traded 270 American dollars and received 3,000 Mexican pesos. When he returned from Mexico, he had 100 pesos left. How much will he receive when he exchanges these pesos for dollars
Asked Oct 18, 2017
Levant traded 270 american dollars and received 3000 Mexican pesos. This means that:
1 Mexican peso = (270 x 1) / (3000) = 0.09$

100 pesos will be worth 100 x 0.09 = 9$

Based on this, he will receive 9$ when exchanging 100 pesos for dollars.

Answered Mar 15, 2019

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