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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › calculation Problem 8
The following are today’s exchange rates for sterling:
Euro / Pound 1.44
Yen / Pound 232.11
US$ / Pound 1.71
How many euros would you get to the US$?
A) 1.70
B) 1.44
C) 1.18
D) 0.84
Have you watched the free lectures?
1 pound = 1.44 euros
1 pound = 1.71 US$
So 1.71 US$ = 1.44 euros
So 1 US$ = 1.44/1.71 = 0.84 euros
I will wach. sir
thank you sir
You are welcome 🙂