Steply

$1 = £0.75. Change $80 to pounds.

Step by step, with the reason for every step · Exchange rates · Foundations

Step by step

The question

Question: change $80 to pounds, when $1 = £0.75.

$1 = £0.75. Change $80 to pounds.

1 Write the rate

The rate says: 1 dollar is worth 0.75 pounds.

$1 = £0.75

From dollars to pounds, we multiply by 0.75.

Going back, we divide by 0.75.

dollars → pounds: × 0.75
pounds → dollars: ÷ 0.75

2 Multiply by the rate

Each dollar is worth £0.75.

80 dollars are worth 80 times as much.

$80 = 80 × £0.75

80 times 0.75 is £60.

= £60

To multiply decimals: first 80 times 75, as whole numbers.

That is 6000.

Then count the decimal places: 2.

80 × 75 = 6000
2 decimal places: 60

Careful!

Check the direction.

Dollars to pounds: we multiply by the rate.

Careful: dollars → pounds: × the rate

So $80 is £60.

3 Check

Let's check: change the answer back.

£60 divided by 0.75 is $80.

change it back: £60 ÷ 0.75 = 80

That is what we started with.

So the answer is right!

$80 — what we started with

Let's look back.

First: write the rate.

Then: multiply by the rate.

Last: check.

Answer
Careful: dollars → pounds: × the rate

Your turn

Try this one yourself, then check:

$1 = £0.80. Change $40 to pounds.
Show the answer
$40 = £32

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