Question

Zebediah is an American traveling with a tour group in Eastern Europe. During a stop in Romania, he purchases a souvenir that is priced at 177 Romanian leu using his credit card. If the exchange rate that day is USD to RON = 2.89, which is the best estimate of the charge Zebediah will later find on his credit card statement?

a. $450
b.$147
c.$153
d.$50

Answer 1

Answer
$50

Explanation
Zebediah has to convert his Romania leu to USD.
You are told that,
1 USD = 2.89 RON
This will mean that if you are to convert RON to USD, you divide it by 2.89.
1USD=2.89RON
177RON=(177/2.89)USD
=$61.24
The question asks what the estimate is. From the choices given, the closest answer to $61.24 is $50.  

Answer 2

Answer:

Option D = $50 is correct answer.

Step-by-step explanation:

Cost of souvenir = 177 RON

If the exchange rate that day is USD to RON = 2.89 means 1 USD =2.89 RON. We have to convert RON to USD to know how much Zebediah will be charged.

2.89 RON = 1 USD

177 RON = $\frac{177}{2.89}$ = 61.24 USD

As this price of USD 61.24 is closest to $50 in all the given options, so option D is the correct answer.