Convert each of the following indirect quotes to dollar direct quotes:
$1 = 3.05 Saudi Arabian riyal
$1 = 41.45 Philippine peso
$1 = 0.52 Latvian lat
$1 equals:

Question

Quizplus · Accepted Answer

To convert an indirect quote to a direct quote, you divide 1 by the indirect quote. For the Saudi Arabian riyal, it's 1 / 3.05 = 0.3279 or approximately 0.33 riyal per dollar. For the Philippine peso, it's 1 / 41.45 = 0.0241 or approximately 0.02 peso per dollar. For the Latvian lat, it's 1 / 0.52 = 1.9231 or approximately 1.92 lat per dollar.

Convert Each of the Following Indirect Quotes to Dollar Direct