Math Problem Statement
Hey Mathbot AI I am just coming to you with a question that I would like some perspective on!
Here it is: You see oranges in an Italian market priced at 0.60 euros per kilogram. What is the price in dollars per pound? (Assume that 1 euro = $1.4983, 1$ = 0.6674 euro, 1 lb. = 0.4536 kg, and 1 kg = 2.205 lb.
My answer is $0.41/lb.
What are your thoughts!
Solution
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Math Problem Analysis
Mathematical Concepts
Currency Conversion
Unit Conversion
Proportions
Formulas
Price in dollars per kilogram = Price in euros per kilogram × Exchange rate
Price in dollars per pound = Price in dollars per kilogram ÷ 2.205
Theorems
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Suitable Grade Level
Grades 9-12