In Mexico, avocados are 48 pesos per kilogram. What is the cost, in cents, of an avocado that weighs 0.45 lb if the exchange ate is 18 pesos to the dollar? (2.6)

Verified step by step guidance

1. Convert the weight of the avocado from pounds to kilograms using the conversion factor: 1 lb = 0.453592 kg.
2. Calculate the weight of the avocado in kilograms by multiplying 0.45 lb by the conversion factor.
3. Determine the cost in pesos by multiplying the weight in kilograms by the cost per kilogram (48 pesos/kg).
4. Convert the cost from pesos to dollars using the exchange rate: 1 dollar = 18 pesos.
5. Convert the cost from dollars to cents by multiplying the dollar amount by 100.

Key Concepts

Unit Conversion

Unit conversion is the process of converting a quantity from one unit of measurement to another. In this question, it is essential to convert the weight of the avocado from pounds to kilograms, as the price is given per kilogram. Knowing that 1 pound is approximately 0.453592 kilograms will help in making this conversion accurately.

Currency Exchange Rates

Currency exchange rates indicate how much one currency is worth in terms of another. In this scenario, the exchange rate of 18 pesos to the dollar is crucial for converting the total cost of the avocado from pesos to dollars. Understanding how to apply this rate will allow for accurate financial calculations in different currencies.

Cost Calculation

Cost calculation involves determining the total price of an item based on its weight and price per unit. In this case, the cost of the avocado can be calculated by first finding its weight in kilograms, then multiplying that weight by the price per kilogram (48 pesos). This step is vital for arriving at the final cost before converting it to cents.