Question
The exchange rate is $0,50 = R5,00. If a car sells for $16 000, then its cost in Rands would be
Answers
GPT-4o mini
To find the cost of the car in Rands, we can use the given exchange rate:
1. The exchange rate is \( 0.50 \) USD = \( 5.00 \) Rands.
2. To find out how many Rands are equivalent to 1 USD, we can rearrange the exchange rate:
\[
1 \text{ USD} = \frac{5.00 \text{ Rands}}{0.50} = 10.00 \text{ Rands}
\]
3. Now we convert the car's price from USD to Rands. The car sells for \( 16,000 \) USD.
\[
\text{Cost in Rands} = 16,000 \text{ USD} \times 10.00 \text{ Rands/USD} = 160,000 \text{ Rands}
\]
Therefore, the cost of the car in Rands is **R160,000**.
1. The exchange rate is \( 0.50 \) USD = \( 5.00 \) Rands.
2. To find out how many Rands are equivalent to 1 USD, we can rearrange the exchange rate:
\[
1 \text{ USD} = \frac{5.00 \text{ Rands}}{0.50} = 10.00 \text{ Rands}
\]
3. Now we convert the car's price from USD to Rands. The car sells for \( 16,000 \) USD.
\[
\text{Cost in Rands} = 16,000 \text{ USD} \times 10.00 \text{ Rands/USD} = 160,000 \text{ Rands}
\]
Therefore, the cost of the car in Rands is **R160,000**.