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Beth wants to go on holiday to Australia. She changed £350 into Australian dollars. Exchange rate is £2=$2.2


B) work out how many pounds Ben should've received give answer to nearest penny

1 Answer

3 votes

Answer:

£175

Explanation:

We Know

The exchange rate is £2 = $2.2

She changed £350 into Australian dollars.

Work out how many pounds Ben should've received and give the answer to the nearest penny.

We use the formula:

Amount in USD = Amount in GBP × Exchange rate

£350 x $2.2 / £2 = $385

Then we use

Amount in GBP = Amount in USD / Exchange rate

$385 / $2.2 = £175

Therefore, Beth should have received £175 in exchange for $385 to the nearest penny.

User Derian
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