Practice Quiz

ACT Exam Prep (Math and English)

Category - Mathematics

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On a trip to the Netherlands you spend €275 per night in a hotel, €37.58 per day on meals and €50 per day on transportation. If you were there for four days and three nights, and the exchange rate from U.S. dollars to euros was $1.00 : €0.7515, about how much did you spend altogether, in U.S. dollars?
  1. $1,564
  2. $1,175
  3. $1,702
  4. $1,398
Explanation
Answer: A - An expense of €1175, at an exchange rate of $1.00 : €0.7515, would total $1564. The total expenses were (€275 x 3) + (€37.58 x 4) + (€50 x 4), with the final sum being €1175.32. If the exchange rate was $1.00 : €0.7515, then €1175.32 is 75.15% of the total expense in U.S. dollars. Cross-multiply €1175.32 to find the dollar value of the expense. (€1175.32 x 100) ÷ 75.15 = $1563.97.
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