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Vidaara.orgClass 8 · Mathematics
CodeVID-M08-22-CUR-01
Currency Conversion - Assignment
Chapter: Commercial Mathematics
Topic: Currency Conversion and International Concepts
Maximum Marks: 35
Time: 75 minutes
Name: ____________________ Roll No.: __________ Date: ____________

General Instructions

  • All questions are compulsory.
  • Section A carries 1 mark each, Section B 2 marks, Section C 3 marks and Section D 5 marks.
  • Show all working for Sections B, C and D. Only final answers are given at the end — for full solutions, raise your doubts with your teacher.
Section A — Multiple Choice Questions 5 × 1 = 5 marks
1.
An exchange rate tells one currency's worth in:
  • A.grams
  • B.another currency
  • C.percent
  • D.years
2.
To convert a foreign amount to rupees, ___ by the rate.
  • A.divide
  • B.multiply
  • C.add
  • D.subtract
3.
If $1$ dollar $=$ Rs $80$, then $2$ dollars $=$
  • A.Rs $40$
  • B.Rs $80$
  • C.Rs $160$
  • D.Rs $82$
4.
Different countries use different:
  • A.numbers
  • B.currencies
  • C.digits
  • D.shapes
5.
Exchange rates:
  • A.never change
  • B.change over time
  • C.are always $1$
  • D.equal $100$
Section B — Short Answer (2 marks) 4 × 2 = 8 marks
6.
If $1$ dollar $=$ Rs $80$, find the value of $2$ dollars in rupees.
7.
If $1$ dollar $=$ Rs $80$, convert Rs $800$ to dollars.
8.
If $1$ euro $=$ Rs $90$, find $3$ euros in rupees.
9.
Do exchange rates change over time?
Section C — Short Answer (3 marks) 4 × 3 = 12 marks
10.
If $1$ dollar $=$ Rs $82$, convert $5$ dollars to rupees.
11.
If $1$ pound $=$ Rs $100$, convert Rs $2500$ to pounds.
12.
If $1$ euro $=$ Rs $88$, convert $10$ euros to rupees.
13.
If $1$ dollar $=$ Rs $80$, convert Rs $4000$ to dollars.
Section D — Long Answer (5 marks) 2 × 5 = 10 marks
14.
A tourist exchanges $200$ US dollars to rupees at the rate $1$ dollar $=$ Rs $83$. How many rupees does she receive?
15.
A person converts Rs $9000$ to euros at $1$ euro $=$ Rs $90$. How many euros does he get, and if the rate later becomes Rs $100$ per euro, what are those euros worth in rupees?

Answer Key

Section A — Multiple Choice Questions
  1. (B) another currency
  2. (B) multiply
  3. (C) Rs $160$
  4. (B) currencies
  5. (B) change over time
Section B — Short Answer (2 marks)
  1. Rs $160$.
  2. $10$ dollars.
  3. Rs $270$.
  4. Yes.
Section C — Short Answer (3 marks)
  1. Rs $410$.
  2. $25$ pounds.
  3. Rs $880$.
  4. $50$ dollars.
Section D — Long Answer (5 marks)
  1. Rs $16600$.
  2. $100$ euros; later worth Rs $10000$.
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