Mei-Ling from Singapore was preparing to go to South Africa for 3 months as an exchange student. She
needed to change some Singapore dollars (SGD) into South African rand (ZAR).
Question 1:
Mei-Ling found out that the exchange rate between Singapore dollars and South African rand was: 1 SGD =
4.2 ZAR Mei-Ling changed 3000 Singapore dollars into South African rand at this exchange rate. How much
money in South African rand did Mei-Ling get?
Question 2:
On returning to Singapore after 3 months, Mei-Ling had 3 900 ZAR left. She changed this back to Singapore
dollars, noting that the exchange rate had changed to: 1 SGD = 4.0 ZAR How much money in Singapore
dollars did Mei-Ling get?
Answers
Answer:
1) 1 SGD = 10.66 ZAR
= 3000 SGD = 10.66 X 3000 = 31980
2) 1 SGD = 10.25 ZAR
=3900 ZAR =10.25÷3900
= 380 SGD
hence : he left only 380 SGD
Given : Mei-Ling found out that the exchange rate between Singapore dollars and South African rand was: 1 SGD = 10.66 ZAR
Mei-Ling changed 3000 Singapore dollars into South African rand at this exchange rate
On returning to Singapore after 3 months, Mei-Ling had 3 900 ZAR left. She changed this back to Singapore dollars, noting that the exchange rate had changed to: 1 SGD = 10.25 ZAR
To Find : How much money in South African rand did Mei-Ling get?
How much money in Singapore dollars did Mei-Ling get?
Was it in Mei-Ling’s favour that the exchange rate now was 10.25 ZAR instead of 10.66 ZAR,
Solution:
Singapore dollars (SGD) into South African rand (ZAR).
1 SGD = 10.66 ZAR
Mei-Ling changed 3000 Singapore dollars into South African rand at this exchange rate.
3000 SGD = 3000 * 10.66 = 31,980 ZAR
Mei-Ling had 3 900 ZAR left.
1 SGD = 10.25 ZAR
=> 3 900 ZAR = 3900/10.25 = 380.49 SGD
the exchange rate had changed from 10.66 to 10.25 ZAR per SGD.
it was in favour of Mei-Ling
as for 1 SGD she got = 10.66 ZAR
and for 10.66 ZAR she got 10.66/10.25 = 1.04SGD
1 SGD became 1.04SGD
Learn More:
The first column is labeled Currency and entries Canadian dollar, Euro, Japanese yen, Indian rupee
brainly.in/question/13220337
If the Canadian dollar buys 82c in US currency, what would it cost in ...
https://brainly.in/question/16354795