WAEC Mathematics 2015 Objective — Question 3
Question 3 of 50 from the West African Examinations Council (WAEC) Mathematics 2015 Objective paper, with the correct answer and a full explanation.
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A trader bought an engine for $15,000.00 outside Nigeria. If the exchange rate is $0.075 to ₦1.00, how much did the engine cost in naira?
- A. ₦250,000.00
- B. ₦200,000.00Correct
- C. ₦150,000.00
- D. ₦100,000.00
Explanation
Since $0.075 = ₦1.00, then $15,000 = ₦(15000/0.075) = ₦200,000.00.
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