Money Exchange
1. Sophie went to Spain.
!
She changed £225 into euros (€). !
The exchange rate was £1 = €1.62
! (a) Change £225 into euros (€).
€.........................
(2)
!
! On her return to England, Sophie changed €66 into pounds (£)
! The new exchange rate was £1 = €1.50
! (b) Change €66 into pounds (£).
£.........................
(2)
2.! James is going on holiday in New York.
! James changes £400 into dollars ($).
!
! The exchange rate is £1 = $1.50
! (a) Work out how many dollars ($) James will receive.
$.........................
(2)
! James notices a watch costs $77.50.
! In Manchester, the same watch costs £50.
! (b) Work out the difference in cost.
! Give your answer in dollars ($).
$.........................
(2)
3.! Vicky buys an ice cream for €2.16 in Berlin.
! The exchange rate is £1 = €1.60.
! Find the cost of the ice cream in pounds.
£.........................
(2)
4.! Kevin is going on holiday to Japan.
!He wants to change some money into yen.
! The bank only stocks ¥1000 notes.
! James wants to change up to £300 into yen.
! He wants as many ¥1000 notes as possible.
! The exchange rate is £1 = ¥168
! How many ¥1000 notes should he get?
.........................
(3)
4.!
George is going on holiday to Poland
!
! George changes £120 into Zloty.
! The exchange rate is £1 = 5 Zloty
! (a) Work out how many Zloty George gets for £120.
...................Zloty
(2)
! George wants to buy a football jersey.!
! The jersey costs 135 Zloty.
! (b) Work out the cost of the jersey in pounds
5.!
£........................
(2)
James has received two job offers.
!
! A job in Milan which pays €55,000 a year.
! A job in Boston which pays $64,000 a year.
! The exchange rates were £1 = $1.42 and £1 = €1.25.
! Which job offer has the highest salary?
! Show working to explain your answer.
6.!
(3)
A coat in London costs £60.
! The same coat in Dublin costs €105.60.
! The exchange rate is £1 = €1.65.
! In which city is the coat cheaper and by how much?
(4)
