Click on screen A shop buys and sells productsA bank is a money shop Buy at Dh 4.24135 Sell at Dh...

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Click on screen A shop buys and sells products A bank is a money shop Buy at Dh 4.24135 Sell at Dh 4.34971 Profit Dh 0.10836 The bank buys and sells FOREIGN CURRENCY By buying and selling one Euro, the bank makes a profit of 11 fils Buy at Dh 4 Profit Dh 5 Sell at Dh 9

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Transcript of Click on screen A shop buys and sells productsA bank is a money shop Buy at Dh 4.24135 Sell at Dh...

Page 1: Click on screen A shop buys and sells productsA bank is a money shop Buy at Dh 4.24135 Sell at Dh 4.34971 Profit Dh 0.10836 The bank buys and sells FOREIGN.

Click on screenA shop buys and sells productsA bank is a money shop

Buy at Dh 4.24135

Sell at Dh 4.34971

Profit Dh 0.10836

The bank buys and sellsFOREIGN CURRENCY

By buying and selling one Euro,

the bank makes a profit of 11 fils

Buy at Dh 4

Profit Dh 5

Sell at Dh 9

Page 2: Click on screen A shop buys and sells productsA bank is a money shop Buy at Dh 4.24135 Sell at Dh 4.34971 Profit Dh 0.10836 The bank buys and sells FOREIGN.

Use headphones or loudspeakers

The customer sells Euros

The bank buys Euros

buy sell

Euro 4.24135 4.349711 = Dh

Set up a proportio

n

1 EURO : Dh 4.24135 = …… EURO : Dh …….50 x

Solve the proportio

n

x = 50 x 4.24135

x = 212.0675

For 50 Euros the customer gets Dh 212.07

Use the buy rate

Page 3: Click on screen A shop buys and sells productsA bank is a money shop Buy at Dh 4.24135 Sell at Dh 4.34971 Profit Dh 0.10836 The bank buys and sells FOREIGN.

The customer buys Euros

The bank sells Euros

buy sell

Euro 4.24135 4.349711

1 EURO : Dh 4.34971 = …… EURO : Dh ……. x

x = 100 / 4.34971

x = 22.99003842

100For 100 dirhams the customer gets Euro 22.99

= Dh

Do not think in Dirhams

Think in Euros

The customer exchanges 100 Dirhams

Use the sell rate Set up a

proportion

Solve the proportio

n


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