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What hours in the day are covered by AM?
AM is the time between midnight (12am) and midday (12pm).
What is the equation that converts minutes to hours?
The equation that converts hours to minutes is .
How many days are there in a year?
There are 365 days in a normal year and 366 days in a leap year.
True or False?
An analogue clock works in 24 hours time.
False.
An analogue clock works in 12 hour time.
What hours in the day are covered by PM?
PM is the time between midday (12pm) and midnight (12am).
What is the equation that converts hours to minutes?
The equation that converts hours to minutes is .
How many hours are there in one day?
A day has 24 hours.
How many days are in a week?
There are 7 days in a week.
Define the term currency.
A currency is a system of money in general use in a particular country or region.
True or False?
Final answers in calculations with money should always be rounded to the nearest integer.
False.
You should usually round answers involving money to two decimal places.
However, you may sometimes be asked to round answers to the nearest integer.
True or False?
Large monetary amounts, such as the cost of a car, are usually rounded to the nearest whole number, e.g. nearest dollar.
True.
Large monetary amounts, such as the cost of a car, are usually rounded to the nearest whole number.
True or False?
Monetary values given in more than two decimal places within a question should be rounded to two decimal places before doing any calculations.
False.
Monetary values given in more than two decimal places should be used in the working.
They should only be rounded for the final answer.
When are exchange rates used?
Exchange rates are used when comparing and converting between different currencies.
True or False?
Exchange rates can be written as ratios.
True.
Exchange rates can be written as ratios.
E.g.
How do you use an exchange rate £1 = $1.25 to convert £ into $?
Given an exchange rate of £1 = $1.25, you can convert £ into $ by multiplying your value in £ by 1.25.
E.g. Convert £16 into $.
16 × 1.25 = $20.
True or False?
An exchange rate is given as £1 = $1.25.
To convert $10 into £ you perform the calculation .
True.
If £1 = $1.25 then to convert $10 into £ you work out 10÷1.25.
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