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?

MM

Mashaal Masha

Mar 14, 2024

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?

Difficulty: Easy

A:

$551.25

B:

$562.50

C:

$5,625.00

D:

$98,000.00

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ID: 65f3369b20ab17f12588cbfe