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€1 = £0.85. Change €120 to pounds.

Step by step, with the reason for every step · Exchange rates · Foundations

Step by step

The question

Question: change €120 to pounds, when €1 = £0.85.

€1 = £0.85. Change €120 to pounds.

1 Write the rate

The rate says: 1 euro is worth 0.85 pounds.

€1 = £0.85

From euros to pounds, we multiply by 0.85.

Going back, we divide by 0.85.

euros → pounds: × 0.85
pounds → euros: ÷ 0.85

2 Multiply by the rate

Each euro is worth £0.85.

120 euros are worth 120 times as much.

€120 = 120 × £0.85

120 times 0.85 is £102.

= £102

To multiply decimals: first 120 times 85, as whole numbers.

That is 10200.

Then count the decimal places: 2.

120 × 85 = 10200
2 decimal places: 102

Careful!

Check the direction.

Euros to pounds: we multiply by the rate.

Careful: euros → pounds: × the rate

So €120 is £102.

3 Check

Let's check: change the answer back.

£102 divided by 0.85 is €120.

change it back: £102 ÷ 0.85 = 120

That is what we started with.

So the answer is right!

€120 — what we started with

Let's look back.

First: write the rate.

Then: multiply by the rate.

Last: check.

Answer
Careful: euros → pounds: × the rate

Your turn

Try this one yourself, then check:

€1 = £0.85. Change €140 to pounds.
Show the answer
€140 = £119

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