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GCSE Maths: Exchange Rates Practice

The document contains a series of math problems related to currency exchange rates, involving conversions between pounds, dollars, euros, and koruna. It includes scenarios of individuals exchanging money while traveling, calculating total costs in different currencies, and comparing prices of goods in different countries. Each problem requires the application of exchange rates to derive the correct monetary values.

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kamranazam0912
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0% found this document useful (0 votes)
105 views7 pages

GCSE Maths: Exchange Rates Practice

The document contains a series of math problems related to currency exchange rates, involving conversions between pounds, dollars, euros, and koruna. It includes scenarios of individuals exchanging money while traveling, calculating total costs in different currencies, and comparing prices of goods in different countries. Each problem requires the application of exchange rates to derive the correct monetary values.

Uploaded by

kamranazam0912
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

1. Jamie goes on holiday to Florida.

The exchange rate is £1 = 1.70 dollars.

He changes £900 into dollars.

(a) How many dollars should he get?

................................. dollars
(2)

After his holiday Jamie changes 160 dollars back into pounds.
The exchange rate is still £1 = 1.70 dollars.

(b) How much money should he get?


Give your answer to the nearest penny.

£ .................................
(2)
(4 marks)

2. Tania went to Italy.


She changed £325 into euros (€).

The exchange rate was £1 = €1.68

(a) Change £325 into euros (€).

€ ..................................
(2)

When she came home she changed €117 into pounds.

The new exchange rate was £1 = €1.50

(b) Change €117 into pounds.

£ .................................
(2)
(4 marks)

Edexcel GCSE Maths - Exchange Rates [Link]


3.
Menu
Hot dog $5.10
Chicken salad $4.50
Hamburger $3.80
Pizza $4.00

A British family are on holiday in San Francisco.

At a café they order 3 hot dogs and 1 chicken salad.

The exchange rate is £1 = $1.44


Work out their total bill in pounds (£).

£ ………………
(4 marks)

4. A student bought a pair of sunglasses in the USA.


He paid $35.50
In England, an identical pair of sunglasses costs £26.99
The exchange rate is £1 = $1.42

In which country were the sunglasses cheaper, and by how much?


Show all your working.

................................................................................................
(4 marks)

Edexcel GCSE Maths - Exchange Rates [Link]


5. Hugh went on holiday to Italy.

While on holiday, he went shopping.


He bought a belt and a hat.
The belt cost 25 euros.
The hat cost 14 euros.

The exchange rate was £1 = 1.56 euros.

Work out the total cost of the belt and the hat.
Give the total cost in pounds.

£ ................................
(4 marks)

6. Linda is going on holiday to the Czech Republic.


She needs to change some money into koruna.

She can only change her money into 100 koruna notes.

Linda only wants to change up to £200 into koruna.


She wants as many 100 koruna notes as possible.

The exchange rate is £1 = 25.82 koruna.

How many 100 koruna notes should she get?

..............................................
(6 marks)

Edexcel GCSE Maths - Exchange Rates [Link]


7. Tim is travelling home from holiday by plane.
He buys some food and drink on the plane.

Tim buys two cheese rolls, a coffee and an orange juice.

He pays part of the cost with a 10 euro note.


He pays the rest of the cost in pounds (£).

How much does Tim pay in pounds?

£ .......................................................................
(4 marks)

Edexcel GCSE Maths - Exchange Rates [Link]


8. Esther went to France.

She changed £300 into Euros (€).


The exchange rate was £1 = €1.25

(a) How many Euros did she get?

€ ..................................
(2)

Esther went shopping in France.


She bought

2 necklaces for €2.60 each


1 hat for €6.40
1 bag for €9.80

The exchange rate was £1 = €1.25

(b) Work out her total bill in pounds (£).

£ ..................................
(4)
(6 marks)

Edexcel GCSE Maths - Exchange Rates [Link]


9. Rosie and Jim are going on holiday to the USA.

Jim changes £350 into dollars ($).

The exchange rate is £1 = $1.34

(a) Work out how many dollars ($) Jim gets.

$ ..................................
(2)

In the USA Rosie sees some jeans costing $67

In London the same make of jeans costs £47.50

The exchange rate is still £1 = $1.34

(b) Work out the difference between the cost of the jeans in the USA and in London.
Give your answer in pounds (£).

£ ..................................
(3)

(5 marks)

Edexcel GCSE Maths - Exchange Rates [Link]


10. The exchange rate in London is £1 = €1.14
The exchange rate in Paris is €1 = £0.86

Elaine wants to change some pounds into euros.

In which of these cities would Elaine get the most euros?


You must show all of your working.

.....................................
(4 marks)

11. Stephen imports cars from the USA. He sells them in the UK.

He has just bought a car in the USA costing $24 000.


It cost him £900 to import the car to the UK.

The exchange rate is £1 = $1.45

Stephen needs to make a profit of 20% on his total costs.

Work out the least amount that Stephen must sell the car for in the UK.
Give your answer in pounds.

£ …………………….
(4 marks)

Edexcel GCSE Maths - Exchange Rates [Link]

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