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While traveling to Europe, Phelan exchanged 250 US dollars for euros. He spent 150 euros on his trip. After returning to the United States he converts his money back to US dollars. How much of the original 250 US dollars does Phelan now have?
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is this the full question or is there some part missing?
This depends on the conversion rate (which is not stated) Right now, it is 0.77. To find it, do this:\[$US * Rate\] \[250*0.77\] This equals to $192.50 He then spends $150 \[$192.5-$150=$42.5\] Convert this back into USD \[$EU * Rate\] \[$42.5 * 1.3=$55.25\] The balance is $55.25
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