The pound (£) is worth 1.20 US dollars ($). You have paid $450 for a flight. How much is this in pounds?
Answer (2)
The problem states that £1 is equal to $1.20.
Set up the equation 1.20 x = 450 , where x is the amount in pounds.
Solve for x by dividing both sides by 1.20: x = 1.20 450 .
Calculate the value of x : x = 375 . Therefore, $450 is equal to 375 .
Explanation
Understanding the problem We are given that 1 pound (£) is worth 1.20 US dollars (\$). We need to find out how many pounds are equivalent to $450.
Setting up the equation Let x be the amount in pounds that is equivalent to $450. We can set up the following equation to represent the relationship between pounds and dollars:
1.20 dollars/pound × x pounds = 450 dollars
Isolating x To solve for x , we need to divide both sides of the equation by 1.20:
x = 1.20 450
Calculating the value of x Now, we perform the division:
x = 375
Final Answer Therefore, $450 is equivalent to £375.
Examples
Imagine you are traveling from the US to the UK and want to budget your expenses. Knowing the exchange rate between the dollar and the pound helps you convert prices and understand how much things cost in your home currency. For example, if a hotel room in London costs £100 per night, you can quickly calculate that this is equivalent to $120 (since £1 = $1.20), allowing you to compare prices and manage your travel budget effectively. This conversion is crucial for making informed financial decisions while abroad.
To convert $450 into pounds, we divide 450 by the exchange rate of 1.20. This calculation results in £375. Thus, $450 is equivalent to £375.
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