Question

Tom goes on holiday to south africa. Tom wants to change £890 into south african rand. He wants to get as many 200 rand notes as possible. The exchange rate is £1= 18.57 rand. Work out the greatest number of 200 rand notes Tom can get for £890

Answer 1

82

Explanation:

Considering the exchange rate of £1= 18.57 rand and since he has £890 he gets equivalent of $890*18.57=16,527.3 rands

Since he wants to get as many 200 rand notes as possible then assuming he is only given 200 rand note as the highest note he gets

16, 400/2 =82 rands of 200 note

then the remaining 127.3 rands he gets in other notes and coins available