ISLAMIA ENGLISH SCHOOL, ABU DHABI.



GRADE: 9 USING MONEY CHAPTER: 16The European Community common currency is called Euro, 1 euro = 61 pence. Nadia paid ?250 for a painting in London. Calculate the equivalent cost to the nearest euro.The price of a barrel of oil in US $ on a particular day was $22. The exchange rate on that day was ?1 = $1.58.Calculate the price, in ? to the nearest penny, of a barrel of oil on that day.A petroleum company bought 250,000 barrels of oil on that day.Calculate the cost, in US $, of the 250,000 barrels, giving your answer in standard form.Josie pays 98 pence per litre for petrol in England. When Josie travels to America, she pays $1.20 per litre. Given that ?1 = $1.45, calculate, to the nearest pence, how much cheaper a litre of petrol is in America than in England.Rashid buys a watch in Dubai for $45.00. Given that ?1 = $1.86, calculate the price of the watch, in ? to the nearest penny.When Shahnaz visited china, the exchange rate was ?1 = 15 Chinese Yuan (CNY). In china, Shahnaz bought 3 pictures at a cost of 70 CNY each and 5 ornaments at 80 CNY each. Calculate the total cost, in ?, of all these items. Give your answer to the nearest penny.Mr. Travelswell is about to visit Germany and Sweden. He has ?5000 to spend. He wants to exchange 60% of this into Euros in Germany, and the rest into Krona in Sweden. When he changes his ?5000, 1 euro = ?0.75 and ?1 = 12.63 Krona. Calculate how many Euros and how many Krona he will receive.Robert goes on holiday to France. The exchange rate is ?1 = 1.27 euros.He changes ? 1250 into euros. He spends 1200 euros while in France. When he returns to England he changes the remaining euros back into ?. The exchange rate is now ?1 = 1.14 euros.Calculate how many ?, to decimal places, he receives.John is travelling from London to Hong Kong. 12.35 Hong Kong dollars are worth 1 UK pound (?). He wants to buy 50 Hong Kong dollars. Calculate how much 50 Hong Kong dollars are worth in UK pounds.x--------------x-------------x ................
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