1995 AJHSME Problems/Problem 8

Problem

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

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

Solution

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

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

1995 AJHSME (Problems • Answer Key • Resources)
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

The problems on this page are copyrighted by the Mathematical Association of America's American Mathematics Competitions.

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1995 AJHSME Problems/Problem 8

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