An Indonesian lady wishes to convert 1 million Indonesian rupiah (IDR) to Australian dollars (AUD). Exchange...

An Indonesian lady wishes to convert 1 million Indonesian rupiah (IDR) to Australian dollars (AUD). Exchange rates are 13,125 IDR per USD and 0.79 USD per AUD. How many AUD is the IDR 1 million worth? (a) AUD 16,613,924,050.63 (b) AUD 10,368,750,000.00 (c) AUD 10,368.75 (d) AUD 96.44 (e) AUD 60.19

Expert Solution

1 USD = 13125 IDR

I AUD = 0.79 USD

Now, putting the value of USD in first equation;

AUD/0.79 = 13125 IDR

AUD / IDR = 13125 * 0.79

AUD/ IDR = 10368.75

IDR/ AUD = 1/10368.75

IDR/ AUD = 0.00009644

So, IDR /AUD = 0.00009644

So, 1 million is equal to 96.44 AUD

jeff jeffy answered 2 years ago

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