Trusted by millions of Kenyans
Study resources on Kenyaplex

Get ready-made curriculum aligned revision materials

Exam papers, notes, holiday assignments and topical questions – all aligned to the Kenyan curriculum.

A commercial bank buys and sells Japanese yen in Ksh at the rates shown below.

A commercial bank buys and sells Japanese yen in Ksh at the rates shown below.
Buying Selling
Sh 0.5024 sh. 0.5446

A Japanese tourist at the end of his tour of Kenya was left with sh 300 000 which he converted to Japanese yen through the commercial bank. How many Japanese yen did he get?

Answers


John
The bank bought Ksh from the tourist.

1 yen = sh 0.5446

= sh 30 000

= $\frac{30 000}{0.5446}$ = 55 086.3 Yen
johnmulu answered the question on June 9, 2017 at 06:09

Answer Attachments

Exams With Marking Schemes

Related Questions