Question

you find yourself with 10 guilders (a good coin) but you are planning on taking a trip to a country where the local currency is the florin. The current exchange rate is 1.0 guilders for every 2.8 florins. Using the above exchange rate, how many florins can you exchange your 10 guilders for? Round your answer to the nearest tenth of a florin (1 decimal place).

Answer 1

28.0 florins

Explanation:

Knowing that we have 10 guilders and the exchange rate is 1.0 guilders for every 2.8 florins we devise the following reasoning:

if          1 guilder is equal to 2.8 florins

then    10 guilders are equal to X florins

X = (10 × 2.8) / 1

X = 28.0 florins

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