The exchange rate in Zurich is 1 CHF = 1.15USD.TheexchangerateinNewYorkis 1.15 USD. The exchange rate in New York is \,1.15USD.TheexchangerateinNewYorkis1 USD = 0.88 CHF. Elena wants to change some Swiss francs (CHF) into US dollars (USD). In which of these cities would Elena get the most 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.