Learning Path
Question & Answer1
Understand Question2
Review Options3
Learn Explanation4
Explore TopicChoose the Best Answer
A
100 EUR
B
120 EUR
C
144 EUR
D
150 EUR
Understanding the Answer
Let's break down why this is correct
Answer
To find out how many Euros you would get for 120 US dollars at an exchange rate of 1. 2, you need to divide the amount in dollars by the exchange rate. This means you take 120 USD and divide it by 1. 2. When you do the math, 120 divided by 1.
Detailed Explanation
To find out how many Euros you get, multiply the amount in USD by the exchange rate. Other options are incorrect because This answer suggests you get less money; This answer is too simple.
Key Concepts
Currency exchange rates
Topic
Currency Exchange and Trade Balance
Difficulty
easy level question
Cognitive Level
understand
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