A trader bought an engine for $15,000.00 outside Nigeria. If the exchange rate is $0.075
MATHEMATICS
WAEC 2015
A trader bought an engine for $15,000.00 outside Nigeria. If the exchange rate is $0.075 to N1.00, how much did the engine cost in Naira?
- A. N250,000.00
- B. N200,000.00
- C. N150,000.00
- D. N100,000.00
Correct Answer: B. N200,000.00
Explanation
N1.00 = $0.075
N X
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