Q. 2.100

Question

In Mexico, avocados are 48 pesos per kilogram. What is the cost, in cents. of an avocado that weighs 0,45 lb if the exchange rate is 18 pesos to the dollar? (2.6)

Step-by-Step Solution

Verified
Answer

The cost of avacado if exchange rate is 18 pesos to the dollar is determined as 76 cents

1Introduction

The given is the price of Avacado in Mexico per kilogram

The objective is to find the cost of avocado if exchange to the dollars 

2Step 1

Avocados cost 48 pesos per kilogramme in Mexico.

We must first convert the rate from pesos to dollars in this case -

- is the equality declaration.

1 dollar =13.0 pesos

For 48 pesos -

48 pesos× 1 dollar 13.0 pesos=3.69 dollar

As a result, avocados cost $3.69 per kilogram in Mexico.

Now we must convert kilograms to pounds -

3Step 2

The equality statement is -

1 kg=2.20lb

For 3.69 dollars per kilogram -

3.69 dollarskg ×1 kg2.20 lb =1.68 dollars /lb

The weight of an avocado is 0.45lb.

In cents, the cost is calculated as -

weight × rate = cost in cents

0.45×1.68=$0.76

Hence, the cost of an avocado is 76 cents