Problema Solution
If the exchange rate of US dollars to pesos is $1 = Php 47.90. What is the value of Php 1 in American cents?
Answer provided by our tutors
$1 = Php 47.90
$1 = 100 cents
Php 47.90 = 100 cents divide both sides by 47.90
Php 1 = 100/47.90 cents
Php 1 = 100/47.90 cents
Php 1 = 2.09 cents