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A Kenya company received US dollar M. The money was converted into Kenyan shillings. If the company received Ksh 15,132,880,000, calculate M.
Mathematics
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10. A Kenya company received US dollar M. The money was converted into Kenyan shillings in a bank which buys and sells foreign currencies:
| Currency | Buying in Ksh | Selling in Ksh |
|---|---|---|
| 1 Sterling Pound | 187.59 | 188.64 |
| 1 US Dollar | 128.00 | 131.00 |
a) If the company received Ksh 15,132,880,000, calculate M, the amount received in Dollars.
Step 1: Identify the correct exchange rate.
The company received US dollars and converted them into Kenyan Sh
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