Money Exchange Multiple Choice Questions with Answers – PDF Download

MCQ 1: The exchange rate between Sterling Pound and Euro on specific day is 1 Sterling pound = 2.4 Euros. The Sterling Pound that are equivalent to 850 Euros are:

1. 754.16
2. 654.16
3. 354.16
4. 454.16

MCQ 2: A money changer exchanged Indian Rupee and US$ at rate of 38..95 Indian Rupee = US$1. The amount received for US$180 in Indian Rupee is:

1. 8055 R
2. 7055 R
3. 7011 R
4. 8011 R

MCQ 3: A money changer exchanged Peso & Euro at rate of 3.9 peso = 1 Euro. The amount received in Peso for 3500 Euro is:

1. 16650 peso
2. 13650 peso
3. 14650 peso
4. 15650 peso

MCQ 4: The exchange rate between Japanese Yen and Euro on specific day is 1 Yen to 2.4 Euros. The Euros that are equivalent to 450 Japanese Yen are:

1. 2060 Japanese Yens
2. 2050 Japanese Yens
3. 2080 Japanese Yens
4. 1080 Japanese Yens

MCQ 5: Henry put A$9000 in one year US$ fixed deposit account with bank at 5% simple interest per annum when exchange rate was at US$1 = A$3.5. The amount he invested in US dollars is:

1. 2971.43
2. 2871.43
3. 2671.43
4. 2571.43