We read your photo as:
Use the provided exchange rates to calculate the ZAR per unit for AED and the BWP per GBP.
ScanSolve AI Answer
Step-by-step solution
9 stepsHere are the solutions for the questions from the image.
2.2.1
Understand the relationship between "Units per ZAR" and "ZAR per unit".
"Units per ZAR" means how many units of a foreign currency you get for 1 South African Rand (ZAR).
"ZAR per unit" means how many ZAR you need to buy 1 unit of the foreign currency.
These two values are reciprocals of each other.Use the "Units per ZAR" value for United Arab Emirates (AED) from Table 6.
For AED, "Units per ZAR" = 0.197656. This means .
Calculate "ZAR per unit" by finding the reciprocal.
To find how many ZAR are in 1 AED, we calculate:
Rounding to four decimal places, we get .
This shows how the United Arab Emirates (AED) of per unit was obtained.2.2.2
Identify the exchange rates for British Pound Sterling (GBP) and Botswana Pula (BWP) relative to ZAR from Table 6.
For GBP:
For BWP: (from "Units per ZAR")Convert GBP to ZAR, then ZAR to BWP to find the exchange rate of BWP per GBP.
We want to find how many BWP are equivalent to .
First, convert to ZAR:
Next, convert this amount of ZAR to BWP:
State the exchange rate.
The exchange rate between British Pound Sterling (GBP) and Botswana Pula (BWP) is approximately .
2.2.3
Identify the exchange rate for Brazilian Real (BRL) to ZAR from Table 6.
From the table, "ZAR per unit" for BRL is 3.1917. This means .
Calculate the total amount in ZAR that Bongani received.
Dudu sent .
Amount in ZAR =
Amount in ZAR =Round the amount to the nearest rand.
Rounded amount = .
Bongani received .
Still stuck on this one?
Ask a follow-up, and the answer starts from this question.
More Accounting Questions

Handwritten Step-by-Step Solution
Get this as a handwritten image on WhatsApp — like a tutor wrote it for you.
Try on WhatsApp