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GRE Quantitative Reasoning QUESTION #8172
Question 1

Using the table below, compare the dollar values of the two foreign currencies:

CountryValue of 1 US Dollar
Argentina0.93 peso
Kenya32.08 shillings

Quantity A: The dollar value of 1 Argentine peso

Quantity B: The dollar value of 1 Kenyan shilling

  • Quantity A is greater✔️
  • Quantity B is greater
  • The two quantities are equal
  • The relationship cannot be determined from the information given
Correct Answer Explanation

If $1$ USD $= 0.93$ peso, then $1$ peso $= \dfrac{1}{0.93} \approx 1.075$ USD.

If $1$ USD $= 32.08$ shillings, then $1$ shilling $= \dfrac{1}{32.08} \approx 0.031$ USD.

Quantity A $\approx 1.075$ USD > Quantity B $\approx 0.031$ USD.

Quantity A is greater.