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Rates, SM-Bank 088 MC

The exchange rate between Australian dollars and Euro dollars (€) isA$1 = €0.5.

Murray is in Europe and takes a taxi that costs €20.

What change, in Euro dollars (€), will Murray receive from A$50?

  1. €5
  2. €10
  3. €60
  4. €80
Show Answers Only

\(A\)

Show Worked Solution

\(\text{Convert A}$50\ \text{to Euro dollars(€):}\)

\(\text{A}$50\) \(=50\times 0.5\)
  \(=\text{€}25\)

 

\(\text{Change}\) \(=\text{€}25-\text{€}20\)
  \(=\text{€}5\)

\(\Rightarrow A\)

Filed Under: Rates Tagged With: num-title-ct-core, smc-4609-45-Rate conversions, smc-4609-50-Word problems rates

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