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Jordan’s family exchanged 250 dollars for 5000 pesos.
Jordan bought a sweater for 550 pesos.
How much dollars is it for the cost of one peso

Sagot :

The number of dollars for one peso is 20 dollars.

Exchange rate is the rate at which one currency is exchanged for another currency.

In order to determine how many pesos can be exchanged for a dollar, the value of pesos would be divided by the amount of dollars exchanged.

Exchange rate = 5000 / 250 = 20 dollars

This means that 1 peso would be exchanged for 20 dollars.

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