Mixing
Calculating the percentage of currency
Clash Royale CLAN TAG#URR8PPP
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Let's say you want to send money with through my agency.
I will get 0.05 on every dollar.
That is if you send $100 dollars, should get 0.05 on each of the dollars in the $100.
I am doing this $100 times 0.05 = 5$.
How can I apply this to other currencies like Euro, or Australian dollar for example? Let say you decide to send money using Euro or other currency?
percentages
edited Jul 30 at 13:27
Xander Henderson
13.1k83150
asked Jul 30 at 13:24
Obasi Obeny Oj
1032
add a comment |Â
up vote
0
down vote
favorite
Let's say you want to send money with through my agency.
I will get 0.05 on every dollar.
That is if you send $100 dollars, should get 0.05 on each of the dollars in the $100.
I am doing this $100 times 0.05 = 5$.
How can I apply this to other currencies like Euro, or Australian dollar for example? Let say you decide to send money using Euro or other currency?
percentages
edited Jul 30 at 13:27
Xander Henderson
13.1k83150
asked Jul 30 at 13:24
Obasi Obeny Oj
1032
1
Dollars are just a unit. They don't play any role in the problem–you could just as easily work with Euro or Rubles or whatever. On the other hand, if you are asking about first buying dollars with some other currency, then this isn't a question about mathematics, but a question about economics(?) or something.
– Xander Henderson
Jul 30 at 13:29
This does not look like a math problem at all. Perhaps you want to charge $5%$ on each transaction, perhaps the fee you charge varies with the currency, why not? You might not have all currencies on hand and if you have to make an exchange your fee should reflect the cost of that exchange. In any case, it's not a math question.
– lulu
Jul 30 at 13:39
add a comment |Â
up vote
0
down vote
favorite
up vote
0
down vote
favorite
Let's say you want to send money with through my agency.
I will get 0.05 on every dollar.
That is if you send $100 dollars, should get 0.05 on each of the dollars in the $100.
I am doing this $100 times 0.05 = 5$.
How can I apply this to other currencies like Euro, or Australian dollar for example? Let say you decide to send money using Euro or other currency?
percentages
edited Jul 30 at 13:27
Xander Henderson
13.1k83150
asked Jul 30 at 13:24
Obasi Obeny Oj
1032
Let's say you want to send money with through my agency.
I will get 0.05 on every dollar.
That is if you send $100 dollars, should get 0.05 on each of the dollars in the $100.
I am doing this $100 times 0.05 = 5$.
How can I apply this to other currencies like Euro, or Australian dollar for example? Let say you decide to send money using Euro or other currency?
percentages
edited Jul 30 at 13:27
Xander Henderson
13.1k83150
asked Jul 30 at 13:24
Obasi Obeny Oj
1032
edited Jul 30 at 13:27
Xander Henderson
13.1k83150
edited Jul 30 at 13:27
Xander Henderson
13.1k83150
edited Jul 30 at 13:27
Xander Henderson
13.1k83150
13.1k83150
asked Jul 30 at 13:24
Obasi Obeny Oj
1032
asked Jul 30 at 13:24
Obasi Obeny Oj
1032
asked Jul 30 at 13:24
Obasi Obeny Oj
1032
1032
1
Dollars are just a unit. They don't play any role in the problem–you could just as easily work with Euro or Rubles or whatever. On the other hand, if you are asking about first buying dollars with some other currency, then this isn't a question about mathematics, but a question about economics(?) or something.
– Xander Henderson
Jul 30 at 13:29
This does not look like a math problem at all. Perhaps you want to charge $5%$ on each transaction, perhaps the fee you charge varies with the currency, why not? You might not have all currencies on hand and if you have to make an exchange your fee should reflect the cost of that exchange. In any case, it's not a math question.
– lulu
Jul 30 at 13:39
add a comment |Â
1
Dollars are just a unit. They don't play any role in the problem–you could just as easily work with Euro or Rubles or whatever. On the other hand, if you are asking about first buying dollars with some other currency, then this isn't a question about mathematics, but a question about economics(?) or something.
– Xander Henderson
Jul 30 at 13:29
This does not look like a math problem at all. Perhaps you want to charge $5%$ on each transaction, perhaps the fee you charge varies with the currency, why not? You might not have all currencies on hand and if you have to make an exchange your fee should reflect the cost of that exchange. In any case, it's not a math question.
– lulu
Jul 30 at 13:39
1
1
Dollars are just a unit. They don't play any role in the problem–you could just as easily work with Euro or Rubles or whatever. On the other hand, if you are asking about first buying dollars with some other currency, then this isn't a question about mathematics, but a question about economics(?) or something.
– Xander Henderson
Jul 30 at 13:29
Dollars are just a unit. They don't play any role in the problem–you could just as easily work with Euro or Rubles or whatever. On the other hand, if you are asking about first buying dollars with some other currency, then this isn't a question about mathematics, but a question about economics(?) or something.
– Xander Henderson
Jul 30 at 13:29
This does not look like a math problem at all. Perhaps you want to charge $5%$ on each transaction, perhaps the fee you charge varies with the currency, why not? You might not have all currencies on hand and if you have to make an exchange your fee should reflect the cost of that exchange. In any case, it's not a math question.
– lulu
Jul 30 at 13:39
This does not look like a math problem at all. Perhaps you want to charge $5%$ on each transaction, perhaps the fee you charge varies with the currency, why not? You might not have all currencies on hand and if you have to make an exchange your fee should reflect the cost of that exchange. In any case, it's not a math question.
– lulu
Jul 30 at 13:39
add a comment |Â
1 Answer
1
active
oldest
votes
up vote
2
down vote
accepted
You do the exact same thing. If you take five cents out of every dollar, then you also take five (euro-)cent out of every euro, and five pennies out of every pound. You take $5%$ (i.e. multiply by $0.05$, as you did above) of anything sent through your agency, regardless of what currency is used.
answered Jul 30 at 13:28
Arthur
98.4k793174
add a comment |Â
1 Answer
1
active
oldest
votes
1 Answer
1
active
oldest
votes
active
oldest
votes
active
oldest
votes
up vote
2
down vote
accepted
You do the exact same thing. If you take five cents out of every dollar, then you also take five (euro-)cent out of every euro, and five pennies out of every pound. You take $5%$ (i.e. multiply by $0.05$, as you did above) of anything sent through your agency, regardless of what currency is used.
answered Jul 30 at 13:28
Arthur
98.4k793174
add a comment |Â
up vote
2
down vote
accepted
You do the exact same thing. If you take five cents out of every dollar, then you also take five (euro-)cent out of every euro, and five pennies out of every pound. You take $5%$ (i.e. multiply by $0.05$, as you did above) of anything sent through your agency, regardless of what currency is used.
answered Jul 30 at 13:28
Arthur
98.4k793174
add a comment |Â
up vote
2
down vote
accepted
up vote
2
down vote
accepted
You do the exact same thing. If you take five cents out of every dollar, then you also take five (euro-)cent out of every euro, and five pennies out of every pound. You take $5%$ (i.e. multiply by $0.05$, as you did above) of anything sent through your agency, regardless of what currency is used.
answered Jul 30 at 13:28
Arthur
98.4k793174
You do the exact same thing. If you take five cents out of every dollar, then you also take five (euro-)cent out of every euro, and five pennies out of every pound. You take $5%$ (i.e. multiply by $0.05$, as you did above) of anything sent through your agency, regardless of what currency is used.
answered Jul 30 at 13:28
Arthur
98.4k793174
answered Jul 30 at 13:28
Arthur
98.4k793174
answered Jul 30 at 13:28
Arthur
98.4k793174
answered Jul 30 at 13:28
Arthur
98.4k793174
98.4k793174
add a comment |Â
add a comment |Â
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1
Dollars are just a unit. They don't play any role in the problem–you could just as easily work with Euro or Rubles or whatever. On the other hand, if you are asking about first buying dollars with some other currency, then this isn't a question about mathematics, but a question about economics(?) or something.
– Xander Henderson
Jul 30 at 13:29
This does not look like a math problem at all. Perhaps you want to charge $5%$ on each transaction, perhaps the fee you charge varies with the currency, why not? You might not have all currencies on hand and if you have to make an exchange your fee should reflect the cost of that exchange. In any case, it's not a math question.
– lulu
Jul 30 at 13:39