If a box of Swiss chocolate priced at 100 francs can be purchased for $50, the exchange rate is:

Question

Quizplus · Accepted Answer

To determine the exchange rate, we need to divide the price in francs by the price in dollars.

Exchange rate = Price in francs / Price in dollars

Exchange rate = 100 francs / $50

Exchange rate = 2 francs per dollar

However, the question is asking for the rate in the opposite direction - how many dollars per franc. To convert, we can take the reciprocal of the exchange rate:

Exchange rate = 1 / 2 francs per dollar

Exchange rate = 0.5 dollars per franc

Therefore, the answer is C) 0.50 dollars per franc.

If a Box of Swiss Chocolate Priced at 100 Francs