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Mrs Zwane's brother, who works in England, sends her £500 for her birthday.
EXCHANGE RATE: £1=R24,0302
State, whether the rand or the pound is the stronger currency. (2)
Calculate the amount in rands that Mrs Zwane will receive. (2)
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Answer :

chibabykalu16

Answer:

12,015,100 rands

Step-by-step explanation:

Given:

  • £1 = R24,030.2

As seen from the conversion rate we can deduce that pound is greater than rand.

[tex]1 = 24030.2 \\500 = x[/tex]

Cross-multiplying

x = 500 * 24030.2

x = 12,015,100 rands

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