13. if $1.00 canadian is equivalent to $1.04 american and shawntel purchased a shirt for $23.80 us, what is…
13. if $1.00 canadian is equivalent to $1.04 american and shawntel purchased a shirt for $23.80 us, what is the price of the shirt in canadian dollars?
Answer
Explanation:
Step1: Set up the proportion
Let $x$ be the price in Canadian dollars. The exchange - rate gives the proportion $\frac{1}{1.04}=\frac{x}{23.80}$.
Step2: Cross - multiply
$1.04x = 23.80$.
Step3: Solve for $x$
$x=\frac{23.80}{1.04}\approx22.88$.
Answer:
$22.88$