Math Problem Statement
It is given that 78 British Pounds (GBP) can be exchanged for 100 United States Dollars (USD). Find the exchange rate from USD to GBP.
Solution
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Math Problem Analysis
Mathematical Concepts
Ratios
Proportions
Currency Exchange
Formulas
x = 78 / 100 = 0.78 GBP per USD
Theorems
Direct Proportion
Suitable Grade Level
Grades 6-8