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Problems about your daily routine

  1. In January 2000, Mr. Silva made a bank deposit of 250 000$00 escudos. Knowing that he is going to have 4% interest a year, how many Euros will he have in January 2002?

    R- In January 2002 Mr. Silva will have in is bank account 1296,874 Euros.

  2. Mr. Rui is an engineer who went working to Germany for 6 months. During that time he earned about 3024 German marks,how many Euros did he earn at the of the contract?

    R- At the end of the contract he earned 9 276.874 Euros.

  3. The Portuguese government has announced that he is going to invest 13 billion escudos to improve the prison accommodations. Considering that 55% of the investment is going to be spent in the North of Portugal, how many Euros are they going to spend in the rest of the country?

    R- The Portuguese government will spend 29 180 Euros in the rest of the country.

  4. A young couple has bought a new house and has paid 20 million Escudos. The government will reduce the price of the house in 0.05% if they pay in Euros. What was the amount of the reduction in Euros?

    R- The benefit was 4988 Euros.

  5. A master jeweller has bought 400gm of gold. Knowing that each gm costs 1876$80 Escudos, how much did he spend?

    R- He spent 750720$00 Escudos.

  6. With the gold bought he made 10 bracelets and sold each at 120 000$00 escudos. How much did he earn in Euros in each bracelet?

    R- He earned 224 Euros in each bracelet.