On June 23, 2010, the value of the euro was 1.31 compared to the U.S. dollar. This meant that an American paying $100 for a product in the United States would be asked to pay ______ euros for the same product while traveling in Europe.
A) 31
B) 69
C) 100
D) 131

Question

Quizplus · Accepted Answer

If the euro is worth 1.31 compared to the U.S. dollar, then for every one U.S. dollar, you get 1.31 euros. To find out how many euros you would pay for a $100 product in the U.S., you need to multiply 100 by 1.31: 100 x 1.31 = 131. Therefore, an American paying $100 for a product in the United States would be asked to pay 131 euros for the same product while traveling in Europe.

On June 23, 2010, the Value of the Euro Was