Exchange Rates & Best Buys

Exchange Rates & Best Buys Quiz

Spec 1.10 · Edexcel IGCSE Maths: Quiz

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5 questions, one answer each

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  1. 1. If £1 = $1.25, how much is £60 in dollars?

    • A. A. $48.00
    • B. B. $61.25
    • C. C. $75.00
    • D. D. $85.00
  2. 2. A shop sells crisps in a 200g bag for £1.20 and a 300g bag for £1.65. Which bag is the better buy?

    • A. A. 200g bag, since it costs less overall
    • B. B. 300g bag, since it has a lower price per gram
    • C. C. Both are equally good value
    • D. D. 200g bag, since it has a lower price per gram
  3. 3. If $1 = AED 3.67, how many US dollars would you get for AED 220?

    • A. A. $59.95
    • B. B. $807.40
    • C. C. $220.00
    • D. D. $63.00
  4. 4. A 750ml bottle of juice costs £2.25 and a 1.5 litre bottle costs £4.20. Which is the better value, and why?

    • A. A. The 750ml bottle, because £2.25 is a smaller total price
    • B. B. The 1.5 litre bottle, because it has a lower price per ml
    • C. C. The 750ml bottle, because it has a lower price per ml
    • D. D. They are exactly the same value per ml
  5. 5. A traveller changes £500 into euros at a rate of £1 = €1.16, spends €300, then converts the remainder back to pounds at the same rate. How much do they receive, to the nearest penny?

    • A. A. £258.62
    • B. B. £241.38
    • C. C. £280.00
    • D. D. £220.00

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