1995 AJHSME Problems/Problem 8

Problem

An American traveling in Italy wishes to exchange American money (dollars) for Italian money (lire). If 3000 lire = 1.60, how much lire will the traveler receive in exchange for 1.00?

$\text{(A)}\ 180 \qquad \text{(B)}\ 480 \qquad \text{(C)}\ 1800 \qquad \text{(D)}\ 1875 \qquad \text{(E)}\ 4875$

Solution

$\frac{3000 \text{ lire}}{1.6 \text{ dollars}} = \frac{x \text{ lire}}{1 \text{ dollar}}$

$x = 1875$, and the answer is $\boxed{D}$

See Also

1995 AJHSME (ProblemsAnswer KeyResources)
Preceded by
Problem 7
Followed by
Problem 9
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25
All AJHSME/AMC 8 Problems and Solutions

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