Based on the information provided, one Canadian dollar is equal to _____ Mexican pesos and _____ Indian rupees. Table: Exchange Rates Across Currencies [table]
Country | Price per US dollar (January 1, 2006) Canada | CA$1.2 Japan | 120 yen Mexico | 12 pesos India | 45 rupees
[/table]

Question

BlackTom AI · Accepted Answer

Because CA$1.20 buys US$1.00, one Canadian dollar is worth 1/1.20 = 0.833333... US dollars. Use that US-dollar equivalent to convert into pesos and rupees.

1) Relevant knowledge points and concepts
- Exchange rates given are prices per US dollar (how many units of foreign currency equal US$1). To find how many units of another currency equal CA$1, first express CA$1 in US dollars, then convert that USD amount into the target currency using the given rates.
- Multiplication and division of exchange rates (unit conversion).

2) Step-by-step reasoning and intermediate calculations
- Given: US$1 = CA$1.20, US$1 = 12 Mexican pesos, US$1 = 45 Indian rupees.
- Convert CA$1 to USD: CA$1 = 1 / 1.20 US$ = 0.833333... US$ (or 5/6 US$).
- Convert that USD amount to Mexican pesos: 0.833333... US$ × 12 pesos/US$ = 10 pesos.
  Calculation: (5/6) × 12 = 5 × 2 = 10.
- Convert same USD amount to Indian rupees: 0.833333... US$ × 45 rupees/US$ = 37.5 rupees.
  Calculation: (5/6) × 45 = 5 × 7.5 = 37.5.

3) Why the correct answer is correct
- The correct conversion requires inverting the Canada rate (since rates are given per US$) and then applying the per-US$ rates for Mexico and India. That yields exactly 10 pesos and 37.5 rupees per CA$1.

4) Why the other options are incorrect
- (a) 12; 37.5 assumes CA$1 equals US$1 for pesos (incorrect), so gives 12 pesos instead of 10.
- (b) 12; 73.5 mixes incorrect conversions (12 pesos is wrong; 73.5 rupees is result of other mis-scaling).
- (c) 12; 45 treats CA$1 as equal to US$1 and also fails to convert to rupees (uses 45 directly), both incorrect.

Conclusion: One Canadian dollar equals 10 Mexican pesos and 37.5 Indian rupees, matching answer d.

Based on the information provided, one Canadian dollar is equal to _ Mexican pesos and _ Indian rupees. Table: Exchange Rates Across Currencies [table] Country | Price per US dollar (January 1, 2006) Canada | CA$1.2 Japan | 120 yen Mexico | 12 pesos India | 45 rupees [/table]Single choice

Similar Questions

The exchange rate is 1.16 Swiss francs per dollar. How many U.S. dollars are needed to purchase 3,500 Swiss francs?

If US$1 = Yen145.59 (USD/JPY) and US$1 = Mexican Peso 22.54 (USD/MXN), how many Yen would be equivalent to 1 Mexican Peso (MXN/JPY)?

Question at position 4 The exchange rate is 1.2 euros per United States dollar. If a restaurant meal costs 30 euros in Paris, France, what is its dollar cost to a United States tourist? $2.50$30$36$3.60$25

If the exchange rate is 80 yen per dollar, then a hotel room in Tokyo that costs 25,000 yen costs $200.

A pair of earrings costs £40 in Britain. An identical pair costs $50 in the United States when the exchange rate is £1 = $1.50. Which statement is correct (all else being equal)?

Question at position 5 The exchange rate is 1.2 euros per United States dollar. If a restaurant meal costs 30 euros in Paris, France, what is its dollar cost to a United States tourist? 4MA68$30 $2.50$36 $3.60 $25

If one U.S. dollar equals 5.76 Egyptian pounds and one U.S. dollar equals 0.56 British pounds, how many Egyptian pounds equals one British pound? A) 10.29 Egyptian pounds B) 0.097 Egyptian pounds C) 5.200 Egyptian pounds D) 3.226 Egyptian pounds

More Practical Tools for Students Powered by AI Study Helper

Homework AI Solver

Stylized AI Paper Writer

Plagiarism Checker Assistant

Citation AI Academic Writing Tool

In-Class Translation Assistant

AI Note Generator

AI Quiz Answers

Past Exam Questions from University Test Bank

Smart Practice Assistant

Adaptive Practice

Making Your Study Simpler

Based on the information provided, one Canadian dollar is equal to _____ Mexican pesos and _____ Indian rupees. Table: Exchange Rates Across Currencies [table] Country | Price per US dollar (January 1, 2006) Canada | CA$1.2 Japan | 120 yen Mexico | 12 pesos India | 45 rupees [/table]Single choice