Using proportions to solve a word problem with currency

The video tutorial explains a word problem involving currency exchange, where Adam plans a trip to Turkey and needs to convert dollars to New Lira. The tutorial focuses on creating and solving ratios and proportions. It demonstrates setting up an equation with a variable to find out how many New Lira Adam would get for $22, using cross multiplication to solve the proportion. The solution shows that $22 converts to 33 New Lira.

What is the exchange rate between dollars and New Lira mentioned in the problem?

• $3 to 2 New Lira

• $1 to 2 New Lira

• $2 to 3 New Lira

• $1 to 3 New Lira

What is the purpose of setting up a ratio in this problem?

• To determine the cost of living in Turkey

• To find the total amount of money Adam has

• To compare the value of dollars and New Lira

• To calculate the travel expenses

What is the first step in solving the proportion problem?

• Finding the total amount of New Lira

• Setting up an equation and a variable

• Calculating the total expenses

• Converting New Lira to dollars

How do you solve the proportion once it is set up?

• By cross multiplying

• By subtracting the values

• By dividing the values

• By adding the values

How many New Lira does Adam get for $22?

• 33 New Lira

• 30 New Lira

• 36 New Lira

• 39 New Lira