Math Problem Statement

Kristin saved up •C$3000•to use for her travels during her summer holidays.

She first travelled from Toronto to Switzerland, where-she converted all her Canadian dollars to Swiss francs at an exchange rate •of-C$1-•CHF •0.7549.

(Compare rate with 4.3#18. • What is the relationship?) She spent-CHF 1452• and then travelled to London, where she converted the remaining Swiss francs to British pounds at an exchange rate •of-CHF = £0.8060. She spent• £570.34 in London before returning to Toronto How many Canadian• dollars did she-receive when she converted the remaining-British• pounds to Canadian dollars?

Solution

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Math Problem Analysis

Mathematical Concepts

Currency Conversion
Basic Arithmetic
Financial Calculations

Formulas

Amount in CHF = Canadian Dollars × Exchange Rate (C$ to CHF)
Remaining CHF = Initial CHF - Spent CHF
Amount in GBP = Remaining CHF × Exchange Rate (CHF to GBP)
Remaining GBP = Initial GBP - Spent GBP
Amount in C$ = Remaining GBP × Exchange Rate (GBP to C$)

Theorems

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Suitable Grade Level

Grades 8-10