The exchange rates for US dollars are 1.32 British pounds and 1.23 Euros.
(a)A notepad costs US$850. Calculate the price in: (i) British pound; and (ii) Euros.
b)Convert 400 Euros to: (i) US dollars; and (ii) British pounds.


Let's solve the given exchange rate problems step by step.

### Given exchange rates:
- 1 US Dollar (USD) = 1.32 British Pounds (GBP)
- 1 US Dollar (USD) = 1.23 Euros (EUR)

### (a) A notepad costs US$850. Calculate the price in:
#### (i) British Pounds:
To convert US dollars to British pounds, divide the dollar amount by the exchange rate for GBP.

\[
\text{Price in GBP} = \frac{850}{1.32} \approx 643.94 \, \text{GBP}
\]

#### (ii) Euros:
To convert US dollars to Euros, divide the dollar amount by the exchange rate for EUR.

\[
\text{Price in EUR} = \frac{850}{1.23} \approx 691.06 \, \text{EUR}
\]

### (b) Convert 400 Euros to:
#### (i) US Dollars:
To convert Euros to US dollars, multiply the amount in Euros by the exchange rate (USD/EUR).

\[
\text{Amount in USD} = 400 \times 1.23 = 492 \, \text{USD}
\]

#### (ii) British Pounds:
First, convert Euros to US dollars as done above, then convert the USD amount to British pounds.

1. Convert 400 Euros to USD: $ 492 \, \text{USD} $
2. Convert USD to GBP: $ \frac{492}{1.32} \approx 372.73 \, \text{GBP} $

### Final answers:
- (a) (i) 643.94 GBP (ii) 691.06 EUR
- (b) (i) 492 USD (ii) 372.73 GBP

Do you want more details or have any questions?  
Here are 5 related questions:
1. How do exchange rates fluctuate in global markets?
2. How can one use cross-currency exchange rates for different currencies?
3. What role does the foreign exchange market play in international trade?
4. How can you calculate profit/loss when converting currencies?
5. What impact does inflation have on exchange rates?

**Tip:** When converting between currencies, always check if the exchange rates have changed, as they can fluctuate frequently.

The exchange rates for US dollars are 1.32 British pounds and 1.23 Euros. (a) A notepad costs US$850. Calculate the price in: (i) British pound; and (ii) Euros. (b) Convert 400 Euros to: (i) US dollars; and (ii) British pounds.

Learn how to convert US dollars to British pounds and Euros, and vice versa, using current exchange rates. This example covers a notepad priced at US$850 and converting 400 Euros into US dollars and British pounds. Suitable for Grades 9-12.

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