Here is the step-by-step solution to fill in the table.
Step 1: Understand the Exchange Rate
The problem tells us that
£1 = $1.65.
This means that for every 1 British Pound, you get 1.65 Australian Dollars.
To find the cost in Pounds (£) when you know the cost in Dollars ($), you need to
divide the dollar amount by 1.65.
Formula: $\text{Price in £} = \frac{\text{Price in \$}}{1.65}$
Step 2: Calculate the cost for each item
*
Apple:
* Price in $: $0.50
* Calculation: $0.50 \div 1.65 = 0.3030...$
* Rounding to two decimal places (nearest cent):
£0.30
*
Ice Cream:
* Price in $: $1.50
* Calculation: $1.50 \div 1.65 = 0.9090...$
* Rounding to two decimal places:
£0.91
*
Magazine:
* Price in $: $2.50
* Calculation: $2.50 \div 1.65 = 1.5151...$
* Rounding to two decimal places:
£1.52
*
Book:
* Price in $: $4.00
* Calculation: $4.00 \div 1.65 = 2.4242...$
* Rounding to two decimal places:
£2.42
*
Cinema Ticket:
* Price in $: $7.50
* Calculation: $7.50 \div 1.65 = 4.5454...$
* Rounding to two decimal places:
£4.55
Final Answer:
| Item | Apple | Ice Cream | Magazine | Book | Cinema Ticket |
| :--- | :---: | :---: | :---: | :---: | :---: |
|
British £ |
0.30 |
0.91 |
1.52 |
2.42 |
4.55 |
Parent Tip: Review the logic above to help your child master the concept of exchange rates worksheet.
