You exchanged $1,000 to $\times$105,000 for a trip to Japan.During your stay,you spent $\times$50,000.Also,during this period the dollar weakened against the yen to 100 to a dollar.On your return,you went to the bank to exchange the remaining yen.How many dollars did you spend on the trip?

Question

Quizplus · Accepted Answer

The remaining 55,000 yen would yield 550 dollars when the exchange rate is 100 yen for a dollar.Amount spend during the trip is $450 ($1,000 - $550).

You Exchanged $1,000 To ×\times× 105,000 for a Trip to Japan ×\times×

You Exchanged $1,000 To $\times$ 105,000 for a Trip to Japan $\times$