
Currency Exchange Rates - Level 3
Authored by Tombolo Academy
Mathematics
9th Grade
Used 1+ times

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8 questions
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1.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
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
2.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
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
3.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
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
4.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
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
5.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
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
6.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
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
7.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
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
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