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.

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Presentation transcript:

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

Use headphones or loudspeakers The customer sells Euros The bank buys Euros buysell Euro = Dh Set up a proportio n 1 EURO : Dh = …… EURO : Dh …….50 x Solve the proportio n x = 50 x x = For 50 Euros the customer gets Dh Use the buy rate

The customer buys Euros The bank sells Euros buysell Euro EURO : Dh = …… EURO : Dh ……. x x = 100 / x = For 100 dirhams the customer gets Euro = Dh Do not think in Dirhams Think in Euros The customer exchanges 100 Dirhams Use the sell rate Set up a proportio n Solve the proportio n