1. Created by Mr.Lafferty Maths Dept
Money
Level 2
Revision Money Level 1
Foreign Exchange Rates
Converting Back to £’s
18-Sep-18
Created by Mr.Lafferty Maths Dept

2. Created by Mr.Lafferty Maths Dept
Starter Questions
Level 2
Q1. Convert to 24hr clock
8.15am
10.02pm
Q2. Round to 1 decimal place
Q3. How many minutes in 6 hours
Q4. Find the time difference between
5.12am and 2.34pm
18-Sep-18
Created by Mr.Lafferty Maths Dept

3. Created by Mr.Lafferty Maths Dept
Money Problems
Level 2
Revision Level 1
Learning Intention
Success Criteria
To revise Level 1 mixed money problems.
Solve mixed money problems.
18-Sep-18
Created by Mr.Lafferty Maths Dept

4. Created by Mr.Lafferty Maths Dept
Money Problems
Level 2
Revision Level 1
Example : I bought some items in a sports shop.
I paid with 4 £20’s notes.
What was my change.
Trainers
Tennis Racket
Football
4 x £20 = £80
73.49
80.00
£ 6.51
18-Sep-18
Created by Mr.Lafferty Maths Dept

5. Created by Mr.Lafferty Maths Dept
Money Problems
Level 2
Revision Level 1
Example : Copy and complete the bill.
A tax
Added by Government
Parts
Labour
Sub-Total
£ 88.05
+ VAT
11.62
Total Bill
£ 99.67
18-Sep-18
Created by Mr.Lafferty Maths Dept

6. Created by Mr.Lafferty Maths Dept
Money Problems
Level 2
Revision Level 1
Example : Work the cost of 30 litres of unleaded.
4 - Star
92.9p
10 x 98.9 = 9.89
x 3
Unleaded
98.9p
£ 29.67
Diesel
100.9p
18-Sep-18
Created by Mr.Lafferty Maths Dept

7. Created by Mr.Lafferty Maths Dept
Money
Level 2
Revision of Level 1
Now try Exercise 1
Ch4 (page 49)
18-Sep-18
Created by Mr.Lafferty Maths Dept

8. Created by Mr.Lafferty Maths Dept
Starter Questions
Level 2
Q1. Convert to 12 hr clock
20 23
05 32
Q2. Round to 1 decimal place 0.657
Q3. How many minutes in a day
Q4. Find the time difference between
16 29 and 22 17
18-Sep-18
Created by Mr.Lafferty Maths Dept

9. Created by Mr.Lafferty Maths Dept
Foreign Currency
Level 2
Converting to another currency
Learning Intention
Success Criteria
We are learning how to convert £’s to another currency give the exchange rate.
1. Understand the term exchange rate and the process of the proportion method.
2. Convert £’s to another currency give the exchange rate using the proportion method.
18-Sep-18
Created by Mr.Lafferty Maths Dept

10. Created by Mr.Lafferty Maths Dept
Foreign Currency
Level 2
Converting to another currency
Up until 1st January 2002, all the countries in Europe
had their own type of money (currency).
The euro was introduced and the other currencies were
no longer accepted.
Britain still uses the pound (£) and when you go to Europe
on holiday you have to change your pounds to euros.
A euro is divided into 100 parts and each part is called a cent
18-Sep-18
Created by Mr.Lafferty Maths Dept

11. Foreign Currency www.mathsrevision.com Are we expecting more or less
Converting to another currency
Level 2
Exchange rate : This is the number of euros you get for a £1
Example : How many euros will
I get for £100.
Euro €
Dollar $
1.44
1.51
Yen
190
Exchange rate £1=
Proportion method
£ €
1  1.44
100
(more)
18-Sep-18
Created by Mr.Lafferty Maths Dept

12. Foreign Currency www.mathsrevision.com Are we expecting more or less
Level 2
Converting to another currency
Euro €
Dollar $
1.44
1.51
Yen
190
Exchange rate £1 =
Example : How many Dollars
will I get for £50.
Proportion method
£ $
1  1.51 50
(more)
18-Sep-18
Created by Mr.Lafferty Maths Dept

13. Foreign Currency www.mathsrevision.com Are we expecting more or less
Level 2
Converting to another currency
Euro €
Dollar $
1.44
1.51
Yen
190
Exchange rate £1 =
Example : A iPod costs £300 in
Scotland and 420 € in Spain.
Which is the better buy ?
Proportion method
£ €
1  1.44
300
(more)
Should buy in Spain and save 12 €
18-Sep-18
Created by Mr.Lafferty Maths Dept

14. Created by Mr.Lafferty Maths Dept
Foreign Currency
Level 2
Converting to another currency
Now try Exercise 2
Ch4 (page 53)
18-Sep-18
Created by Mr.Lafferty Maths Dept

15. Created by Mr.Lafferty Maths Dept
Starter Questions
Level 2
124o
18-Sep-18
Created by Mr.Lafferty Maths Dept

16. Created by Mr.Lafferty Maths Dept
Foreign Currency
Level 2
Converting back to £’s
Learning Intention
Success Criteria
We are learning how to convert another currency back to £’s.
1. Understand the process of the proportion method.
2. Convert another currency back into £’s using the exchange rate.
18-Sep-18
Created by Mr.Lafferty Maths Dept

17. Foreign Currency www.mathsrevision.com Are we expecting more or less
Level 2
Converting back to £’s
Euro €
Dollar $
1.44
1.51
Yen
190
Exchange rate £1=
Example : How many £’s will
I get for 20 € .
Proportion method
€ £
1.44  1 20
(more)
18-Sep-18
Created by Mr.Lafferty Maths Dept

18. Foreign Currency www.mathsrevision.com Are we expecting more or less
Level 2
Converting back to £’s
Euro €
Dollar $
1.44
1.50
Yen
190
Exchange rate £1 =
Example : A business man returns
from America with $450.
He converts them back to £’s.
How much will he get back ?
Proportion method
$ £
1.50  1
450
(more)
18-Sep-18
Created by Mr.Lafferty Maths Dept

19. Created by Mr.Lafferty Maths Dept
Foreign Currency
Level 2
Converting back to £’s
Now try Exercise 3
Ch4 (page 55)
18-Sep-18
Created by Mr.Lafferty Maths Dept