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