Finance
• •
This IS an important section for life
out of school attention to make
so
pay
• °
sure you know how to handle your money
Exchange Rates :
-
family
'
a lives Europe and
in are
visiting
South
and
Africa
spend
for
£50 .
holiday They go
how
.
many Rands
out
did
for
th
dinner
spend
Bag
if 1217.66 :-[ I ?
the
exchange rate is
Step 1 : write the
exchange rate down
step 2 :
put the value that you have underneath
1217.66
, :> £1 the correct & x under the value
currency
Roc : R 50 for
we are
looking .
Step 3: cross
multiply your values
50 ✗ 17,66 = I JC
Step 4: solve like normal equation .
✗ = R 883
D
, Example :
Rt :$ 0,56 $1 :-[ 1,02 Rt : £17.56
Find
exchange rate of :
1 1250 → $ ?
2 £15 → $ ?
3 $27 = R ?
4 $147 = £ ?
-
memo :
1. £50 → $? 3 . $27 → R ?
f- 1.02
<
= $1
>
Rt
t
:
$0,56
o
50 = x x : 27
1,023C = I ✗ 50 27×1 =
0,562C
1,02 ✗ = 50 ✗ = 1248,21
x =
$49.02
4. $147 →
f- ?
2. f- 15 → $ ?
f- 1,02 : $1 $1 ☐
=
f- 1,02
s > p
f- 15 X 147 7C
15×1 = 1,022 X = 1,02 ✗ 147
15 = 1,02 ×
=
£149.94
1,02 1,02
x -
_
$14,7
• •
This IS an important section for life
out of school attention to make
so
pay
• °
sure you know how to handle your money
Exchange Rates :
-
family
'
a lives Europe and
in are
visiting
South
and
Africa
spend
for
£50 .
holiday They go
how
.
many Rands
out
did
for
th
dinner
spend
Bag
if 1217.66 :-[ I ?
the
exchange rate is
Step 1 : write the
exchange rate down
step 2 :
put the value that you have underneath
1217.66
, :> £1 the correct & x under the value
currency
Roc : R 50 for
we are
looking .
Step 3: cross
multiply your values
50 ✗ 17,66 = I JC
Step 4: solve like normal equation .
✗ = R 883
D
, Example :
Rt :$ 0,56 $1 :-[ 1,02 Rt : £17.56
Find
exchange rate of :
1 1250 → $ ?
2 £15 → $ ?
3 $27 = R ?
4 $147 = £ ?
-
memo :
1. £50 → $? 3 . $27 → R ?
f- 1.02
<
= $1
>
Rt
t
:
$0,56
o
50 = x x : 27
1,023C = I ✗ 50 27×1 =
0,562C
1,02 ✗ = 50 ✗ = 1248,21
x =
$49.02
4. $147 →
f- ?
2. f- 15 → $ ?
f- 1,02 : $1 $1 ☐
=
f- 1,02
s > p
f- 15 X 147 7C
15×1 = 1,022 X = 1,02 ✗ 147
15 = 1,02 ×
=
£149.94
1,02 1,02
x -
_
$14,7
