QUESTION IMAGE
Question
itsuki is preparing to travel from japan to england and wants to exchange ¥5,000 jpy to pounds. he finds that the current exchange rate is £0.0071 gbp to ¥1 jpy. if itsuki exchanges ¥5,000 jpy, how much money will he receive in pounds? £
Step1: Identify the exchange - rate formula
We know that the amount in GBP = amount in JPY×exchange rate.
Step2: Substitute the given values
The amount in JPY is 5000 and the exchange rate is 0.0071 GBP per 1 JPY. So, the amount in GBP = 5000×0.0071.
5000×0.0071 = 35.5
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35.5