Mathematics · Percentage
Marta has 7,500 pesos she will convert to US dollars using a currency exchange service. At this time, the currency exchange rate is 1 peso = 0.075 US dollars. The exchange service will charge Marta a 2% fee on the converted US dollar amount. How many US dollars will Marta receive from the currency exchange after the 2% fee is applied?
- 1$98,000.00
- 2$5,625.00
- 3$562.50
- 4$551.25✓
Correct answer
$551.25
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