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Workheet 3 - Exchange Rates

The document consists of various scenarios involving currency exchange rates and calculations related to holiday spending in different countries. It includes questions about converting currencies, comparing prices of goods, and determining the best exchange rates in various cities. Each question requires calculations based on given exchange rates and amounts spent or received.

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virginiawasira6
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0% found this document useful (0 votes)
12 views2 pages

Workheet 3 - Exchange Rates

The document consists of various scenarios involving currency exchange rates and calculations related to holiday spending in different countries. It includes questions about converting currencies, comparing prices of goods, and determining the best exchange rates in various cities. Each question requires calculations based on given exchange rates and amounts spent or received.

Uploaded by

virginiawasira6
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

EXCHANGE RATES

1 Beth goes on holiday to Spain. 4 Amy is on holiday in Turkey


The exchange rate is £1 = €1.13 She changes £200 to Turkish lira.
She changes £350 into Euros (€). The exchange rate is £1 = 7.7 Turkish lira
(a) Work out how many Euros she receives. Calculate how many Turkish lira Amy receives
When Beth returns from holiday she changes €120 back into pounds. (Total for question 4 is 2 marks)
The exchange rate is now £1 = €1.16
(b) Work out how many pounds (£) Beth receives. 5 Mario is on holiday in Japan
Give your answer to the nearest penny. He stays in a hotel for 7 nights.
(Total for question 1 is 4 marks) The hotel costs ¥10000 for each night.
The exchange rate is £1 = ¥140
2 Ben went on holiday to Australia. He changed £350 into Australian
dollars ($). Calculate how much Mario spends on the hotel in pounds.
The exchange rate was £1 = $2.1
(Total for question 5 is 2 marks)
(a) Work out how many Australian dollars Ben should have received.
When Ben returned he changed $100 back into pounds. 6 Brian bought a hat in France. He paid €45
The new exchange rate was £1 = $2.2 The same hat in England costs £39.99
(b) Work out how many pounds Ben should have received. The exchange rate is £1 = €1.12
Give your answer to the nearest penny. Is the hat cheaper in France or in England?
(Total for question 2 is 4 marks) You must show your working.
(Total for question 6 is 3 marks)
3 Nicole is on holiday in France.
She spends €14.50 in a cafe.
7 A pair of trainers cost 3400 rupees in India.
The exchange rate is £1 = €1.15 The same pair of trainers cost £68 in the UK.
Calculate how much Nicole spends in pounds (£). The exchange rate is £1 = 92 rupees.
(Total for question 3 is 2 marks) Work out the difference between the cost of the trainers in India
and in the UK.
Give your answer in pounds (£).
(Total for question 7 is 3 marks)
8 Carla is on holiday in Italy. 12 In London potatoes cost £0.45 per lb.
She spends €35 in a restaurant. In Dublin potatoes cost €1.48 per kilogram.
The exchange rate is €1 = £0.89 1 kg = 2.2 lbs
Calculate how much Carla spends in pounds (£). £1 = €1.15

(Total for question 8 is 2 marks) In which city are potatoes better value for money, London or Dublin?
You must show your working.
9 The exchange rate in London is £1 = $1.31 (Total for question 12 is 3 marks)
The exchange rate in New York is $1 = £0.79
13 The exchange rate in London is £1 = €1.15
Bernie wants to change some pounds into dollars.
The exchange rate in Berlin is €1 = £0.88
In which of these cities would Bernie get the most dollars?
You must show your working. Angela wants to change some pounds into euros.
In which of these cities would Angela get the most euros?
(Total for question 9 is 3 marks)
You must show your working.
10 George is going on a trip to Vietnam. (Total for question 13 is 3 marks)
He wants to change £750 into Vietnamese dong.
George wants to get as many 200 000 dong notes as possible.
14 Frank is travelling from the USA to Germany.
The exchange rate is £1 = 29 000 dong.
Work out the greatest number of 200 000 dong notes that George can Frank wants to book flights which cost $710 and a hotel which costs
get for £750 €45 per night for 12 nights.
(Total for question 10 is 3 marks) The exchange rates are as follows:
£1 = €1.14
11 In Australia a car costs $26 500 $1 = €0.85
In Ireland the same car costs €17 500 Frank can spend no more than £1000
The exchange rates are £1 = $1.96 and £1 = €1.14 Work out if Frank is able to book the flights and the hotel.
Work out the difference in price between the car in Australia and (Total for question 19 is 4 marks)
Ireland.
Give your answer in pounds (£).
(Total for question 11 is 4 marks)

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