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calculation Problem 8

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › calculation Problem 8

  • This topic has 4 replies, 2 voices, and was last updated 10 years ago by John Moffat.
Viewing 5 posts - 1 through 5 (of 5 total)
  • Author
    Posts
  • November 2, 2015 at 7:11 pm #280132
    ripon
    Member
    • Topics: 14
    • Replies: 9
    • ☆

    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

    November 3, 2015 at 6:46 am #280166
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54835
    • ☆☆☆☆☆

    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

    November 3, 2015 at 7:45 am #280183
    ripon
    Member
    • Topics: 14
    • Replies: 9
    • ☆

    I will wach. sir

    November 3, 2015 at 7:48 am #280185
    ripon
    Member
    • Topics: 14
    • Replies: 9
    • ☆

    thank you sir

    November 3, 2015 at 10:34 am #280205
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54835
    • ☆☆☆☆☆

    You are welcome 🙂

  • Author
    Posts
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