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by grandh01 » Fri Aug 03, 2012 3:26 pm
If 0.497 mark has the value of one dollar,
what is the value to the nearest dollar of
350 marks?
(A) $174 (B) $176 (C) $524
(D) $696 (E) $704

Thanks in advance
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by eagleeye » Fri Aug 03, 2012 4:11 pm
grandh01 wrote:If 0.497 mark has the value of one dollar,
what is the value to the nearest dollar of
350 marks?
(A) $174 (B) $176 (C) $524
(D) $696 (E) $704

Thanks in advance
0.497 mark = 1$
1 mark = 1/.497 $
350 mark = 350/.497 = 704. ( answer is greater than 350/.5 = 700, hence we select 704). :)

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by truplayer256 » Fri Aug 03, 2012 5:01 pm
0.497 mark = 1 dollar
Multiplying both sides of the equality by 350/0.497, we get:
350 marks = 350/0.497 marks => Slightly greater than 350/0.5 = 700
Only option that works is choice E)$704.