Question

Sam has $37 to spend at a festival the price of admission is $10 and tickets to eat and traction is $.75 what is the rate of change

Answer 1

Solution

The total amount that Sam is supposed to spend on the festival is $\$ 37$

Sam spend a total of $\$10.75$ admission, tickets to eat and traction. This implies that after exchanging $\$ 37$, Sam got $\$10.75$ which he spent on the festival.

$\$37 \to \$10.75\\ \$1 \to ?\\ \implies \$0.2905$

The exchange rate is $\$0.2905$