October 23,2011 , one U.S. dollar was worth 49.84 Indian rupees. (a) On that date, how many rupees was 98.27 dollars worth? Round your answer to the nearest hundredth of a rupee. rupees (b) On that date, how many dollars was 131.51 rupees worth? Round your answer to the nearest hundredth of a dollar. $$ \square $$ dollars

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Let's solve each part step by step.

### Given:
- **Exchange Rate on October 23, 2011:**  
  1 U.S. dollar (USD) = 49.84 Indian rupees (INR).

---

### (a) Converting USD to INR

**Question:**  
On October 23, 2011, how many rupees was 98.27 dollars worth?  
**Round your answer to the nearest hundredth of a rupee.**

**Calculation:**
$$
\text{Amount in INR} = 98.27 \, \text{USD} \times 49.84 \, \frac{\text{INR}}{\text{USD}}
$$

$$
\text{Amount in INR} = 98.27 \times 49.84 = 4897.78 \, \text{INR}
$$

**Answer:**  
**98.27 USD was worth 4,897.78 INR.**

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### (b) Converting INR to USD

**Question:**  
On October 23, 2011, how many dollars was 131.51 rupees worth?  
**Round your answer to the nearest hundredth of a dollar.**

**Calculation:**
$$
\text{Amount in USD} = \frac{131.51 \, \text{INR}}{49.84 \, \frac{\text{INR}}{\text{USD}}}
$$

$$
\text{Amount in USD} = \frac{131.51}{49.84} \approx 2.64 \, \text{USD}
$$

**Answer:**  
**131.51 INR was worth 2.64 USD.**

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### Summary:
- **(a)** 98.27 USD = **4,897.78 INR**
- **(b)** 131.51 INR = **2.64 USD**
**(a)** 98.27 USD is worth **4,897.78 INR**. **(b)** 131.51 INR is worth **2.64 USD**.

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