The exchange rate in Madrid is €1=$1.55€1 = {\char"24}1.55€1=$1.55 CAD. The exchange rate in Toronto is $1 {\char"24}1\,$1 CAD =€0.63= €0.63=€0.63. Sarah wants to change some euros into Canadian dollars. In which of these cities would Sarah get the most Canadian dollars? You must show your working.
Practise Edexcel GCSE Maths Exchange Rates with exam-style questions for Foundation and Higher tier. 68 questions, matched to the Edexcel GCSE Maths (1MA1) specification and written in Paper 1, Paper 2 and Paper 3 style. Every question includes a full worked solution and mark scheme, so you can see where marks are awarded rather than just whether you got the answer right.