A doubt about the conversion rate

Hello! Maybe it's very clear answer but I don't catch the reason the case when you have to calculate the Price you do = Price in ct/kWh * 1000 / 100 and also when you do = Cost in ct/kWh * 1000 / 100, I get the *1000 it’s the conversion from kwh to Mwh, but I don’t get the división into 100¿?

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Clara

Coach

am 5. Juni 2020

McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut

Hello!

*1000 = from kwh to Mwh (kilo to mega, three zeroes)

/100 = conversion to USD

Agree it´s not clear, and this would be the classical legit question for the interviewer.

Hope it helps!

Cheers,

Clara

Ian

Coach

am 4. Juni 2020

Hi there,

That's because the price given is in cents per kilowatt hour. You're basically turning it into dollars when you divide by 100.

It's a bit confusing I agree :)

Gelöschter Nutzer

am 8. Juni 2020

I agree with Clara & Ian's answers. In case you have a doubt during the interview, do not hesitate to think aloud and keep your interviewer aware of your thoughts. The objective is to always avoid the tunnel effect where you are immersed in your sheet in silence. The interview must remain a discussion at all times.