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Grade 7 · Financial Literacy · Interactive practice

Financial Math Practice

Practise exchange-rate conversions and longer-term budget adjustments. Work through all three problems and use the feedback to improve your strategy.

All 3 questions

If €1 = C$1.48, about how many Canadian dollars are €50?

Choose an answer, then check your thinking.

View every question and worked answer

  1. If €1 = C$1.48, about how many Canadian dollars are €50?

    Answer: C$74.00

    Convert euros to Canadian dollars by multiplying: 50 × 1.48 = 74.

  2. A $600 goal is 10 months away. How much must be saved each month if amounts are equal?

    Answer: $60

    $600 ÷ 10 months = $60 per month.

  3. A budget planned $40 monthly savings, but a recurring expense rises by $15. With income unchanged, what monthly saving remains?

    Answer: $25

    The extra $15 expense reduces savings: $40 − $15 = $25.