Name: ___________________________

GCSE (1 – 9)

Exchange Rates

Instructions

• Use black ink or ball-point pen.

• Answer all Questions.
• Answer the Questions in the spaces provided
– there may be more space than you need.
• Diagrams are NOT accurately drawn, unless otherwise indicated.
• You must show all your working out.

Information

• The marks for each Question are shown in brackets

– use this as a guide as to how much time to spend on each Question.

Advice

• Read each Question carefully before you start to answer it.

• Keep an eye on the time.
• Try to answer every Question.
• Check your answers if you have time at the end

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1 Beth goes on holiday to Spain.
The exchange rate is £1 = €1.13

She changes £350 into Euros (€).

(a) Work out how many Euros she receives.

€….................………….......
When Beth returns from holiday she changes €120 back into pounds.
The exchange rate is now £1 = €1.16

(b) Work out how many pounds (£) Beth receives.

Give your answer to the nearest penny.

£….................………….......
(Total for question 1 is 4 marks)

2 Ben went on holiday to Australia. He changed £350 into Australian dollars ($).
The exchange rate was £1 = $2.1

(a) Work out how many Australian dollars Ben should have received.

$….................………….......
When Ben returned he changed $100 back into pounds.
The new exchange rate was £1 = $2.2

(b) Work out how many pounds Ben should have received.
Give your answer to the nearest penny.

£….................………….......
(Total for question 2 is 4 marks)
3 Nicole is on holiday in France.
She spends €14.50 in a cafe.

The exchange rate is £1 = €1.15

Calculate how much Nicole spends in pounds (£).

£….................………….......
(Total for question 3 is 2 marks)

4 Amy is on holiday in Turkey

She changes £200 to Turkish lira.

The exchange rate is £1 = 7.7 Turkish lira

Calculate how many Turkish lira Amy receives

£….................………….......
(Total for question 4 is 2 marks)

5 Mario is on holiday in Japan

He stays in a hotel for 7 nights.

The hotel costs ¥10000 for each night.

The exchange rate is £1 = ¥140

Calculate how much Mario spends on the hotel in pounds.

£….................………….......
(Total for question 5 is 2 marks)
6 Brian bought a hat in France. He paid €45.
The same hat in England costs £39.99.

The exchange rate is £1 = €1.12

Is the hat cheaper in France or in England?

You must show your working.

(Total for question 6 is 3 marks)

7 A pair of trainers cost 3400 rupees in India.

The same pair of trainers cost £68 in the UK.

The exchange rate is £1 = 92 rupees.

Work out the difference between the cost of the trainers in India and in the UK.
Give your answer in pounds (£).

£….................………….......
(Total for question 7 is 3 marks)
8 Carla is on holiday in Italy.
She spends €35 in a restaurant.

The exchange rate is €1 = £0.89

Calculate how much Carla spends in pounds (£).

£….................………….......
(Total for question 8 is 2 marks)

9 The exchange rate in London is £1 = $1.31

The exchange rate in New York is $1 = £0.79

Bernie wants to change some pounds into dollars.

In which of these cities would Bernie get the most dollars?

You must show your working.

(Total for question 9 is 3 marks)

10 George is going on a trip to Vietnam.

He wants to change £750 into Vietnamese dong.

George wants to get as many 200 000 dong notes as possible.

The exchange rate is £1 = 29 000 dong.

Work out the greatest number of 200 000 dong notes that George can get for £750

….................………….......
(Total for question 10 is 3 marks)

11 In Australia a car costs $26 500

In Ireland the same car costs €17 500

The exchange rates are £1 = $1.96 and £1 = €1.14

Work out the difference in price between the car in Australia and Ireland.
Give your answer in pounds (£).

£….................………….......
(Total for question 11 is 4 marks)
12 In London potatoes cost £0.45 per lb.
In Dublin potatoes cost €1.48 per kilogram.

1 kg = 2.2 lbs
£1 = €1.15

In which city are potatoes better value for money, London or Dublin?
You must show your working.

(Total for question 12 is 3 marks)

13 The exchange rate in London is £1 = €1.15

The exchange rate in Berlin is €1 = £0.88

Angela wants to change some pounds into euros.

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

You must show your working.

(Total for question 13 is 3 marks)

14 Frank is travelling from the USA to Germany.

Frank wants to book flights which cost $710 and a hotel which costs €45 per night for 12 nights.

The exchange rates are as follows:

£1 = €1.14
$1 = €0.85

Frank can spend no more than £1000

Work out if Frank is able to book the flights and the hotel.

(Total for question 19 is 4 marks)