Money Exchange Multiple Choice Questions (MCQ) PDF Download

MCQ 1: The exchange rate between Sterling Pound and Euro on specific day is 1 Sterling pound = 2.4 Euros. The Sterling Pound that are equivalent to 850 Euros are

1. 754.16
2. 654.16
3. 354.16
4. 454.16

MCQ 2: A money changer exchanged Indian Rupee and US$ at rate of 38..95 Indian Rupee = US$1. The amount received for US$180 in Indian Rupee is

1. 8055 R
2. 7055 R
3. 7011 R
4. 8011 R

MCQ 3: A money changer exchanged Peso & Euro at rate of 3.9 peso = 1 Euro. The amount received in Peso for 3500 Euro is

1. 16650 peso
2. 13650 peso
3. 14650 peso
4. 15650 peso

MCQ 4: The exchange rate between Japanese Yen and Euro on specific day is 1 Yen to 2.4 Euros. The Euros that are equivalent to 450 Japanese Yen are

1. 2060 Japanese Yens
2. 2050 Japanese Yens
3. 2080 Japanese Yens
4. 1080 Japanese Yens

MCQ 5: Henry put A$9000 in one year US$ fixed deposit account with bank at 5% simple interest per annum when exchange rate was at US$1 = A$3.5. The amount he invested in US dollars is

1. 2971.43
2. 2871.43
3. 2671.43
4. 2571.43