A tourist from the United States wants to purchase a painting in Mexico City. The price of the painting was 5,927 pesos plus a shipping charge of 387 pesos to send the painting to the tourist's home. How many U.S. dollars would the tourist have to pay when the exchange rate was 10.812 pesos per U.S. dollar?
Q. 2Michael Waxman, a restaurant consultant, advised a client to buy a 30-inch diameter commercial kitchen exhaust system which was specifically designed to remove grease-laden air. Waxman knew that most vendors marked up these items 60 based on cost. If the cost of such an exhaust system is 1,910, what will be the selling price?
Q. 3If the Mexican peso is valued at 10.812 per U.S. dollar, compute the value in U.S. currency of 5,00 . Mexican pesos.
Q. 4David Tang operates an automotive wrecking yard and he needs a 4-ton chain hoist to move heavy car and truck parts. Tang can buy a used hoist for 3,840 from a dealer who paid 1,600 for it. Compute the markup percent based on cost.
Q. 5If the Mexican peso is listed under Currency Exchange Rates as 0.09248 in U.S. dollars, compute the amount in Mexican pesos one could purchase for 3,100 in U.S. currency.
Quick Reply
