On 5 June, Aya exchanged 2560 CAD for Hong Kong dollars (HKD) using the exchange
rate 1 CAD = 5.82 HKD. Because of a change in her plans, she later cancelled her trip to
Hong Kong and changed all of the Hong Kong dollars she had back to Canadian dollars
using the exchange rate 1 CAD = 5.75 HKD. Did she lose any money because of the
different exchange rate? Explain.
Answers: 3
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On 5 June, Aya exchanged 2560 CAD for Hong Kong dollars (HKD) using the exchange
rate 1 CAD = 5.82...