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Term 1 · Weeks 6–9 · Units and Conversion

Standard problem

Standard

An OFW sends home US350whentheexchangerateisUS350 when the exchange rate is US1 = ₱56.50. How many pesos will the family receive?

Show step-by-step solution

Answer: 19775 ₱

  1. Multiply the dollar amount by the rate: 350×56.50=19,775350 \times 56.50 = 19{,}775.
  2. The family receives ₱19,775.

Common errors to watch for

  • Dividing by the rate instead of multiplying when converting dollars to pesos.

Budget of Work competencies

  • gm11.t1.w8.c2
    Solve problems involving the conversion of currencies.

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