Motho Mobe completed his studies from a TVET college in the year 2023. He wants to go and work in the USA. He much have R20000 in his bank account before he can travel. He asked his parents to assist him with the money

Question

Motho Mobe completed his studies from a TVET college in the year 2023. He wants to go and work in the USA. He much have R20000 in his bank account before he can travel. He asked his parents to assist him with the money

Use the following exchange rates to answer the questions that follow
$1=21.60. £1=26.10

3. While in the Us, motho buys a PlayStation for $150
Calculate how much he paid in rand value(show all calculations)

Answer 1

To calculate how much Motho paid in rand for the PlayStation, we first need to convert $150 to rand using the exchange rate given: $1 = 21.60.

Therefore, $150 * 21.60 = R3,240.

So, Motho paid R3,240 for the PlayStation.