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4024/21 Oct/Nov 2025, Question 9: Exchange rates

Cambridge O Level Mathematics 4024 · Paper 21 (Calculator) · Calculator · 3 marks

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The question, in short

€1 = £0.88 and $1 = £x. Changing €500 into dollars gives $536.58. Find x.

Summarised in our own words. Use the official paper for the exact wording and any diagrams.

Solution · 3 marks

  1. 1€500 = 500 × 0.88 = £440
  2. 2$536.58 = £440, so $1 = 440 ÷ 536.58
  3. 3x = 0.8200… = 0.82

Answer0.82

Stuck on a step? Read the free lesson: Currency Conversions

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