1. How many Dollars was one Euro worth in may? option 5 { 1.35}
sol: 1 pound = 1.468 euro 1
1 pound= 1.984 dollars
1 pound= 1.468 euro = 1.984 dollars
1 Euro = 1.984/1.468 = 1.35 (option 4)
2. What was the percentage drop in the value of the pound compared to the Euro over the year?
sol: Euro in Jan 1.507 in December 1.384
% drop in value of the pound = (1.507 -1.384 / 1.507)*100 = 8% ( option 2)
3. If u converted 67 Euros to pounds in February, how many Dollars (to the nearest Dollar) would this be worth in November? option 4
1 pound = 1.497 euro
67 euro in pund is 67/1.497 = 44.75 pound in Feb
in november 1 pound = 2.076 dollars
44.75 pound = 44.75*2.076 = 92.91 (approx 93)