SOLUTION: If the Canadian dollar is worth 18% less than the US dollar by what percentage does the US dollar exceed the value of the Canadian dollar?
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Question 913886: If the Canadian dollar is worth 18% less than the US dollar by what percentage does the US dollar exceed the value of the Canadian dollar?
Answer by jim_thompson5910(35256) (Show Source): You can put this solution on YOUR website!
U = value of US dollar
C = value of Canadian dollar
C = U - 18% of U
C = U - 0.18U
C = 0.82U
C/0.82 = U
C*(1/0.82) = U
C*1.21951 = U
U = 1.21951*C
U = 1 + 0.21951*C
U = C + 21.951% of C
So the US dollar value exceeds the Canadian dollar value by roughly 21.951%
Let me know if you need more help or if you need me to explain a step in more detail.
Feel free to email me at jim_thompson5910@hotmail.com
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Thanks,
Jim
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