Mrs Jones has USS200 to change to TTS. The bank gives her TT 6.20 for US 1 and charges TT 2.50 for the transaction. Mrs Jones receives (A) TTS1237.50 (B) TT51238.50 (C) TTS1240.00 (D) TTS1242.50

To find out how much Mrs. Jones receives in TTS, we need to first convert her USD to TTS using the given exchange rate and then subtract the transaction fee.<br /><br />1. Convert USD to TTS:<br /> \[ \text{Amount in TTS} = \text{Amount in USD} \times \text{Exchange rate} \]<br /> \[ \text{Amount in TTS} = 200 \times 6.20 = 1240 \]<br /><br />2. Subtract the transaction fee:<br /> \[ \text{Final amount in TTS} = \text{Amount in TTS} - \text{Transaction fee} \]<br /> \[ \text{Final amount in TTS} = 1240 - 2.50 = 1237.50 \]<br /><br />Therefore, Mrs. Jones receives $TTS1237.50$.<br /><br />The correct answer is (A) $TTS1237.50$.