Convert 200 USD to EUR at a rate of 0.85 EUR per USD. What is the amount in EUR?

Unlock all questions

This demo includes only 20 questions. Upgrade to access hundreds of questions, flashcards, exam simulations, and disable ads.

Full question bankExam simulationsFlashcards
From $24.99Unlock all

Prepare for the United Knowledge Validation Test with flashcards and multiple choice questions, each question has hints and explanations. Enhance your understanding and boost your confidence!

Multiple Choice

Convert 200 USD to EUR at a rate of 0.85 EUR per USD. What is the amount in EUR?

Explanation:
When converting currency, multiply the amount in the original currency by the exchange rate to get the amount in the target currency. Here, 200 USD × 0.85 EUR/USD = 170 EUR. So you get 170 euros. The other numbers would require different rates: 140 EUR would come from a rate of 0.70, 180 EUR from 0.90, and 160 EUR from 0.80.

When converting currency, multiply the amount in the original currency by the exchange rate to get the amount in the target currency. Here, 200 USD × 0.85 EUR/USD = 170 EUR. So you get 170 euros.

The other numbers would require different rates: 140 EUR would come from a rate of 0.70, 180 EUR from 0.90, and 160 EUR from 0.80.

More Multiple Choice Questions
Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy