A "category A" ticket to the opening ceremonies of the 2014 Winter Olympics in Sochi, Russia was sold for 50,000 rubles on the official Sochi ticket Web site. What is the price of the ticket in Canadian dollars? Use an exchange rate of Russian Ruble 1.00 = C$0.03447.

If the necessary exchange rates are not given in problem, use the exchange rates in Table 3.2.

Table 3.2.

Transcribed Image Text:

Per C$ Per US$ Per € Per Y Per £ Canadian dollar (C$) 1.3083 1.4446 0.01084 2.0203 U.S. dollar (US$) 0.7644 1.1042 0.008286 1.5442 0.6922 0.9056 0.007504 1.3985 Euro (€) Japaense yen (V) British pound (£) 92.2509 120.6919 133.2657 186.3745 0.4950 0.6476 0.7150 0.005366