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Using the exchange rate £1 = €1.11, calculate how many £ are in €18.42. Give your answer rounded to 2 dp.

Respuesta :

Answer:

[tex]16.59 \£[/tex]

Step-by-step explanation:

Given: £1 = €1.11

To find: Number of £ in €18.42

Solution:

Currency unit such as the dollar, pound, rupee are in the form of a coin or banknote. It is used as medium of exchange for purchasing goods and services. Currency unit is issued by a country's central bank.

£ denotes sign of pound and € denotes euro sign.

As £1 = €1.11, € =  [tex]\frac{1}{1.11}[/tex]£

Number of £ in €18.42 = [tex]\frac{18.42}{1.11}=16.59 \£[/tex]

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