Exchange Rates & Best Buys Practice Questions

Question 1

4 marks

Mia goes on holiday to Japan.

The exchange rate is £1 = 185 yen.

(a)

Mia changes £250 into yen.

Work out how many yen she gets.

........................... yen

(b)

At the end of her holiday Mia has 9 250 yen left.

She changes all of this money back into pounds at the same exchange rate.

Work out how much she gets, in pounds.

£ ...........................

Question 2

4 marks

A supermarket sells bags of rice.

Bag Weight Price
Small 750 g £1.35
Large 2 kg £3.40
(a)

Work out the cost per 100 g of rice in the small bag.

........................... p

(b)

Which bag of rice gives the better value for money?

You must show your working.