If N112.00 exchanges for D14.95, calculate the value of D1.00 in naira
Question 1 Report
If N112.00 exchanges for D14.95, calculate the value of D1.00 in naira
Answer Details
To calculate the value of D1.00 in naira, we can use the given exchange rate of N112.00 to D14.95. We can find the value of 1 D in Naira by dividing N112.00 by the equivalent value of D14.95.
So,
1 D = N112.00/D14.95
To simplify this, we can first convert D14.95 to its decimal equivalent by dividing by 100:
D14.95 = 14.95/100 = 0.1495
Now we can substitute this value into the equation:
1 D = N112.00/0.1495
Simplifying this expression, we get:
1 D = N748.16
Therefore, the value of D1.00 in Naira is N748.16. Answer: 7.49.
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