The exchange rate in London is £1 = 1.31.TheexchangerateinNewYorkis 1.31. The exchange rate in New York is \,1.31.TheexchangerateinNewYorkis1 = £0.79. Bernie wants to change some pounds into dollars. In which of these cities would Bernie 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.