Math Problem Statement

If 1 GB pound is worth 1.83 Australian dollars how many GB pounds make 120Australian dollars

Solution

To find out how many British pounds (GBP) are needed to make 120 Australian dollars (AUD), you can use the conversion rate:

1 GBP = 1.83 AUD.

To find the amount in GBP for 120 AUD, use the formula:

GBP=AUDExchange Rate=120 AUD1.83 AUD/GBP65.76 GBP.\text{GBP} = \frac{\text{AUD}}{\text{Exchange Rate}} = \frac{120 \text{ AUD}}{1.83 \text{ AUD/GBP}} \approx 65.76 \text{ GBP}.

So, approximately 65.76 GBP are needed to make 120 AUD.

Do you want any details or have any questions? Here are some related questions to consider:

  1. How would the conversion change if the exchange rate fluctuates?
  2. What other currencies can be compared using this method?
  3. How do you calculate conversions for multiple currencies at once?
  4. What factors influence exchange rates?
  5. Would you like to know more about currency trading?

Tip: Always check for the latest exchange rates before making conversions, as they can vary frequently.

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Math Problem Analysis

Mathematical Concepts

Currency Conversion
Proportions
Algebra

Formulas

GBP = AUD / Exchange Rate

Theorems

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Suitable Grade Level

Grades 7-9