The exchange rate is £(UK) 1 = $(US) 1.25.
£ (UK) | $ (US) |
1 | 1.25 |
70 | \( x \) |
The amount of US dollars will be greater than 70. Therefore, from the numbers in the first row, we create the fraction that is greater than 1 (i.e. \( \frac{1.25}{1} \))
\begin{align} So \quad x & =\frac{1.25}{1}\ \times\ 70 \\ \\ & = $(US)\ 87.50 \\ \\ \end{align}£(UK) | $(US) |
1 | 1.25 |
\(x \) | 80 |
The amount of UK pounds will be less than 80. Therefore, from the numbers in the first row, we create the fraction that is less than 1 (i.e. \( \frac{1}{1.25} \))
\begin{align} So \quad x & =\frac{1}{1.25}\ \times\ 80 \\ \\ & = £(UK)\ 64 \\ \\ \end{align}