SOLUTION: A business based in the U.S. pays a consultant based in China 112,000 dollars per year. Assume that the conversion is 1 yuan to 0.14 dollars. What is the consultant's salary in yua

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Question 1205677: A business based in the U.S. pays a consultant based in China 112,000 dollars per year. Assume that the conversion is 1 yuan to 0.14 dollars. What is the consultant's salary in yuan per month?
Answer by ikleyn(52778) About Me  (Show Source):
You can put this solution on YOUR website!
.

Convert 112,000 dollars to yuan using the conversion factor 1 dollar = 1%2F0.14 = 7.142857143 yuan.

Then divide the obtained annual compensation in yuan by 12 to get the monthly salary in yuan.


Happy calculations (!)