Name ____________________

Date __________________

 

Using Money Conversion Charts Worksheet

 

Lesson 1

 

 

Problem:

Ian bought a CD of African Traditions for his Project which cost him 30 South African rand(R), he wants it to be converted into US Dollars. Convert it using the following Exchange Rate:

 

1 US dollars = 3 South African rand (R)

Solution
Step 1:
  

3 South African Rand (R) = 1 US dollars. This is the same as 3:1 or 3/1

Solution
Step 2
:          

3/1 = 30/?   

 

3 x ? = 30 [cross multiplying]

 

? = 10 [dividing]           

Solution
Step 3

Answer is $10

 

Try practice problem:

 

Jorge wants to buy games CDs and DVDs from China, he has their costs in Chinese yuan (¥). To estimate the costs in US dollars use the following Exchange Rates:

1 US dollars = 2 Chinese yuan (¥)

 

 

A.   CDs - 34¥        $______                                   B. DVDs - 58¥         $______

 

 



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