Alofa from Sala'ilua buys a Harris tweed sport coat for £462 (£ are Manx pounds). 1 WS$ (Samoan tālā) = £0.31. How much WS$ will Alofa pay for his sport coat?

Question

BlackTom AI · Accepted Answer

We start by identifying the currency relationship given: 1 WS$ equals £0.31. This means to convert from pounds to WS$, we divide the amount in pounds by 0.31.

Step 1: Note the coat price in pounds: £462.

Step 2: Set up the conversion: WS$ amount = £462 ÷ 0.31.

Step 3: Perform the division: 462 ÷ 0.31 ≈ 1490.32258.

Step 4: Since currency is typically quoted to two decimal places, round to WS$: 1490.32 WS$.

Additional context (sanity check): If 1 WS$ were worth £0.31, then 100 WS$ would be worth £31, so 1490 WS$ would be roughly £462, aligning with the given price. This confirms the scale of the conversion is reasonable.

Note on the premise: The mention of Manx pounds and the Samoa tālā serves to set up a straightforward exchange rate problem; the computation relies solely on the provided rate (1 WS$ = £0.31) and the coat price in pounds.

ECON 201 Sections 2 & 3, Winter 2025 Unit 15 practice questions

Alofa from Sala'ilua buys a Harris tweed sport coat for £462 (£ are Manx pounds). 1 WS$ (Samoan tālā) = £0.31. How much WS$ will Alofa pay for his sport coat?

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