Question

At 6pm on October 23rd you exchange 100 JPY and receive 12.33 GSD
a state the rate you will take and how much you expect to receive?

Answer 1

Answer:

0.123 GSD are expected to be received by each JPY.

Step-by-step explanation:

The exchange rate is the ratio of GSD per each JPY, that is:

$x = \frac{12.33\,GSD}{100\,JPY}$

$x = 0.123\,\frac{GSD}{JPY}$

Which means that 0.123 GSD are expected to be received by each JPY.