Jordan visits Italy on his holidays. He pays €180 (180 euros) for a pair of Italian leather boots.
How much is €180 in Australian dollars if AUD1 is worth €0.58? (2 marks)
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Jordan visits Italy on his holidays. He pays €180 (180 euros) for a pair of Italian leather boots.
How much is €180 in Australian dollars if AUD1 is worth €0.58? (2 marks)
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\($310.34\)
\(0.58\ \)€ \(\ =\ \text{AUD 1}\)
\(\rightarrow\ 1\ \)€\(\ =\)\(\ \text{AUD }\)\(\dfrac{1}{0.58}\)
\(\rightarrow\ 180\ \)€\(=180\times\dfrac{1}{0.58}=310.344…\)
\(\therefore\ \text{Jordan’s boots cost }$310.34\ \text{in Australian dollars.}\)
The relationship between British pounds `(p)` and Australian dollars `(d)` on a particular day is shown in the graph.
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Convert 93 100 Japanese yen to British pounds. (2 marks)
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a. `m = text(rise)/text(run) = 4/7`
`p = 4/7 d`
b. `text(Yen to Australian dollars:)`
| `y` | `=76d` |
| `93\ 100` | `= 76d` |
| `d` | `= (93\ 100)/76` |
| `= 1225` |
`text(Aust dollars to pounds:)`
| `p` | `= 4/7 xx 1225` |
| `= 700\ text(pounds)` |
`:. 93\ 100\ text(Yen = 700 pounds)`
John knows that
• one Australian dollar is worth 0.62 euros
• one Vistabella dollar `text{($V)}` is worth 1.44 euros.
John changes 25 Australian dollars to Vistabella dollars.
How many Vistabella dollars will he get?
`A`
`text(John has 25 Aust dollars.)`
`text(Converting to Euros)`
| `text(25 Aust)` | `= 25 xx 0.62` |
| `= 15.5\ text(Euros)` |
`text(Converting to Vistabella dollars)`
| `text(15.5 Euros)` | `= 15.5/1.44` |
| `=\ text($V10.76)` |
`=> A`
Sandy travels to Europe via the USA. She uses this graph to calculate her currency conversions.
She converts all of her money to euros. How many euros does she have to spend in Europe? (3 marks)
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`text(A$, then 1 A$ will buy more euros than)`
`text(before and the gradient used to convert)`
`text{the currencies will steepen (increase).}`
i. `text(From graph:)`
| `75\ text(US$)` | `=\ text(100 A$)` |
| `=> 150\ text(US$)` | `=\ text(200 A$)` |
`:.\ text(Sandy has a total of 800 A$)`
`text(Converting A$ to €:)`
| `text(100 A$)` | `= 60\ €` |
| `:.\ text(800 A$)` | `= 8 xx 60` |
| `= 480\ €` |
ii. `text(If the value of the euro falls against the)`
`text(A$, then 1 A$ will buy more euros than)`
`text(before and the gradient used to convert)`
`text{the currencies will steepen (increase).}`
Conversion graphs can be used to convert from one currency to another.
Sarah converted 60 Australian dollars into Euros. She then converted all of these Euros
into New Zealand dollars.
How much money, in New Zealand dollars, should Sarah have?
`C`
`text(Using the graphs)`
| `$60\ text(Australian)` | `=46\ text(Euro)` |
| `46 \ text(Euro)` | `=$78\ text(New Zealand)` |
`=> C`