[discia] GCSE Maths › Ratio and Proportion › Exchange Rates

Exchange Rates

discia.org 10 questions · 33 marks
Name Date
  1. Calculator 2 marks

    The exchange rate is £1 = $1.35.

    Anya changes £40 into US dollars before a trip to the USA.

    Calculate how many US dollars she gets.

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    \(\text{\$}54.00\)
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  2. Calculator 2 marks

    Rosa comes home from Spain with €569.25 left over.

    The exchange rate is £1 = €1.15.

    Work out how much she gets when the money is changed back into pounds.

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    \(\text{£}495\)
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  3. Either paper 4 marks

    A bureau de change uses this graph to change money between pounds and euros.

    pounds (£)euros (€)1020304010203040500
    (a)

    Use the graph to change £40 into euros.

    (b)

    Use the graph to change €22 into pounds.

    Show answer
    (a) \(\text{€}44\)
    (b) \(\text{£}20\)
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  4. Calculator 4 marks

    Joel is going on holiday to Toronto.

    The exchange rate is £1 = C$1.70.

    (a)

    He changes £900 into Canadian dollars.

    Calculate how many Canadian dollars he receives.

    (b)

    On holiday Joel spends C$1411.00.

    He changes what is left back into pounds at the same rate.

    Calculate how much he gets back.

    Show answer
    (a) \(\text{C\$}1530.00\)
    (b) \(\text{£}70\)
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  5. Calculator 3 marks

    One day the exchange rates are:

    £1 = €1.19

    £1 = C$1.73

    Anya changes €333.20 into Canadian dollars.

    Calculate how many Canadian dollars she gets.

    Show answer
    \(\text{C\$}484.40\)
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  6. Either paper 4 marks

    The graph changes money between pounds and euros.

    Both axes are numbered every \(10\) and ruled every \(2\) in between. Not every reading lands on a gridline.

    pounds (£)euros (€)102030405060701020304050607080900
    (a)

    Use the graph to change £45 into euros.

    (b)

    Use the graph to change €33 into pounds.

    Show answer
    (a) \(\text{€}55\)
    (b) \(\text{£}27\)
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  7. Calculator 4 marks

    A winter coat costs £62.00 in a UK shop.

    The same winter coat costs €84 in a shop in Spain.

    The exchange rate is £1 = €1.21.

    Which shop is cheaper, and by how much? Give the difference in pounds, to the nearest penny.

    Show answer
    The UK shop is cheaper, by £7.42 (£69.42 in Spain against £62.00 in the UK)
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  8. Calculator 3 marks

    Priya changes £428 into US dollars before a trip to the USA and gets $573.52.

    (a)

    Work out the exchange rate.

    £1 = US dollars ...

    (b)

    Priya comes home with $527.96 left over and changes it back into pounds at the same rate.

    Calculate how much she gets.

    Show answer
    (a) \(£1 = \text{\$}1.34\)
    (b) \(\text{£}394\)
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  9. Calculator 5 marks

    Isla wants to change £405 into euros.

    Bureau B offers £1 = €1.12 and charges no fee.

    Bureau A offers £1 = €1.22 but charges a fixed fee of £36, taken from the pounds before they are changed.

    Which bureau gives Isla more euros, and how many more euros does she get?

    Show answer
    Bureau B, by €3.42
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  10. Calculator 2 marks

    The exchange rate is £1 = €1.21.

    Priya changes £810 into euros before a trip to Spain.

    Work out how many euros she gets.

    Show answer
    \(\text{€}980.10\)
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discia.org Exchange Rates · sheet 1
Answers Exchange Rates · sheet 1
  1. \(\text{\$}54.00\)
  2. \(\text{£}495\)
  3. (a) \(\text{€}44\)
    (b) \(\text{£}20\)
  4. (a) \(\text{C\$}1530.00\)
    (b) \(\text{£}70\)
  5. \(\text{C\$}484.40\)
  6. (a) \(\text{€}55\)
    (b) \(\text{£}27\)
  7. The UK shop is cheaper, by £7.42 (£69.42 in Spain against £62.00 in the UK)
  8. (a) \(£1 = \text{\$}1.34\)
    (b) \(\text{£}394\)
  9. Bureau B, by €3.42
  10. \(\text{€}980.10\)
discia.org Exchange Rates · sheet 1