{"id":"cb_question_bank:948bda31-761c-470a-9992-67f6c9d3afad","source_id":"cb_question_bank","source_item_id":"948bda31-761c-470a-9992-67f6c9d3afad","external_id":null,"ibn":"10654-DC","question_id":"3ac09984","program":"SAT","module":"math","domain_code":"Q","domain":"Problem-Solving and Data Analysis","skill_code":"Q.A.","skill":"Ratios, rates, proportional relationships, and units","difficulty":"E","score_band":3,"answer_type":"mcq","answer_source":"key","layout_warning":null,"form_id":null,"module_number":null,"position":null,"stem":"Marta has 7,500 pesos she will convert to US dollars using a currency exchange service. At this time, the currency exchange rate is 1 peso = 0.075 US dollars. The exchange service will charge Marta a 2% fee on the converted US dollar amount. How many US dollars will Marta receive from the currency exchange after the 2% fee is applied?","stimulus":"","stimulus_html":null,"stem_html":"<p class=\"stem_paragraph \">Marta has 7,500 pesos she will convert to US&nbsp;dollars using a currency exchange service. At this time, the currency exchange rate is 1 peso = 0.075 US dollars. The exchange service will charge Marta a 2% fee on the converted US dollar amount. How many US dollars will Marta receive from the currency exchange after the 2% fee is applied?</p>\n","rationale_html":"<p>Choice A is correct. At the exchange rate of 1 peso = 0.075 US dollars, 7,500 pesos would be converted to 7,500 × 0.075 = $562.50. However, since Maria pays a 2% fee on the converted US dollar amount, she receives only (100 – 2)%, or 98%, of the converted US dollars, and 562.50 × 0.98 = $551.25.</p><p>Choice B is incorrect. This is the number of US dollars Maria would receive if the exchange service did not charge a 2% fee. Choice C is incorrect and may result from a decimal point error made when calculating the conversion to US dollars and from not assessing the 2% fee. Choice D is incorrect and may result from reversing the units of the exchange rate.</p><p></p>\n","correct_answer":["A"],"has_media":false,"has_mathml":false,"has_table":false,"source_created_at":"2023-08-02T20:25:59.638000+00:00","source_updated_at":"2023-08-02T20:25:59.638000+00:00","options":[{"label":"A","content_html":"<span class=\"align align-52\">$551<p>.25\n</p></span>\n","ord":0},{"label":"B","content_html":"<span class=\"align align-52\">$562<p>.50\n</p></span>\n","ord":1},{"label":"C","content_html":"<span class=\"align align-52\">$5,625<p>.00\n</p></span>\n","ord":2},{"label":"D","content_html":"<span class=\"align align-52\">$98,000<p>.00\n</p></span>\n","ord":3}],"attribution":{"source_id":"cb_question_bank","source_name":"College Board digital SAT question bank (community dump)","rights_holder":"College Board","canonical_url":"https://satsuitequestionbank.collegeboard.org/","retrieved_from":"https://raw.githubusercontent.com/mdn522/sat-question-bank/main/data/cb-digital-questions.json","attribution":"SAT practice questions © College Board, from the official SAT Suite Question Bank. Retrieved via the community dump at github.com/mdn522/sat-question-bank.","disclaimer":"SAT® and PSAT/NMSQT® are trademarks registered by the College Board, which is not affiliated with, does not sponsor, and does not endorse this project.","license":"College Board copyright; source repository carries no licence. Local use only.","redistributable":false,"item_count":2017}}