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