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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