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$1 = €0.90. Change $40 to euros.

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

Step by step

The question

Question: change $40 to euros, when $1 = €0.90.

$1 = €0.90. Change $40 to euros.

1 Write the rate

The rate says: 1 dollar is worth 0.90 euros.

$1 = €0.90

From dollars to euros, we multiply by 0.90.

Going back, we divide by 0.90.

dollars → euros: × 0.90
euros → dollars: ÷ 0.90

2 Multiply by the rate

Each dollar is worth €0.90.

40 dollars are worth 40 times as much.

$40 = 40 × €0.90

40 times 0.90 is €36.

= €36

To multiply decimals: first 40 times 90, as whole numbers.

That is 3600.

Then count the decimal places: 2.

40 × 90 = 3600
2 decimal places: 36

Careful!

Check the direction.

Dollars to euros: we multiply by the rate.

Careful: dollars → euros: × the rate

So $40 is €36.

3 Check

Let's check: change the answer back.

€36 divided by 0.90 is $40.

change it back: €36 ÷ 0.90 = 40

That is what we started with.

So the answer is right!

$40 — what we started with

Let's look back.

First: write the rate.

Then: multiply by the rate.

Last: check.

Answer
Careful: dollars → euros: × the rate

Your turn

Try this one yourself, then check:

$1 = €0.90. Change $30 to euros.
Show the answer
$30 = €27

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