The Student Room Group

Exchange rate question

Hello,

Can anybody explain how you answer the below
question? I'm stumped.

Change 4600 euros into dollars.

We know that £1 is equivalent to €1.15 and $1.48.

edit: Sorry having trouble uploading original picture

Many thanks
(edited 5 years ago)
There's no question/attachment.
Surely it's easiest to convert 4600 euros into pounds, then once you have your value in pounds you can convert back to dollars.

We know for every 1.15 euro we have £1, so it's just a simple division to get 4600 euros into pounds.
Then your next step would be to convert your pound value into dollars as it's in a much simpler form/ratio of £1 : $1.48 i.e. for every £1 you have, you will get $1.48
(edited 5 years ago)
Reply 3
Thank you very much!

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