Currency Exchange Rates - Level 3

Sam exchanges $500 to euros at a rate of $1 = €0.85. He receives €425. Later, he changes his euros back to dollars at a different rate and receives $480. What is the new rate for one euro in dollars?

• $1.13

• $1.08

• $1.05

• $1.10

Emma exchanges £400 to US dollars at a rate of £1 = $1.30. She receives $520. She later changes her dollars back to pounds at a different rate and receives £385. What is the new rate for one dollar in pounds?

• £0.74

• £0.80

• £0.83

• £0.77

James exchanges $600 to Japanese yen at a rate of $1 = ¥110. He receives ¥66,000. Later, he changes his yen back to dollars at a different rate and receives $570. What is the new rate for one yen in dollars?

• $0.0086

• $0.0088

• $0.0090

• $0.0087

Olivia exchanges €450 to pounds at a rate of €1 = £0.85. She receives £382.50. She then changes her pounds back to euros at a different rate and receives €460. What is the new rate for one pound in euros?

• €1.17

• €1.20

• €1.25

• €1.22

Liam exchanges £300 to Australian dollars at a rate of £1 = A$1.80. He receives A$540. He later changes his Australian dollars back to pounds at a different rate and receives £310. What is the new rate for one Australian dollar in pounds?

• £0.55

• £0.56

• £0.57

• £0.60

Mia exchanges €500 to Swiss francs at a rate of €1 = CHF1.10. She receives CHF550. She later changes her Swiss francs back to euros at a different rate and receives €490. What is the new rate for one Swiss franc in euros?

• €0.89

• €0.92

• €0.91

• €0.88

Noah exchanges £250 to Canadian dollars at a rate of £1 = CAD1.70. He receives CAD425. He later changes his Canadian dollars back to pounds at a different rate and receives £240. What is the new rate for one Canadian dollar in pounds?

• £0.55

• £0.56

• £0.58

• £0.60

Ava exchanges $700 to euros at a rate of $1 = €0.90. She receives €630. She then changes her euros back to dollars at a different rate and receives $680. What is the new rate for one euro in dollars?

• $1.05

• $1.08

• $1.10

• $1.12