Question

Sheila can pay her hotel bill in Euros (€) or Pounds (£).
The bill was €425 or £365 when the exchange rate was £1 = €1.14.
In which currency was the bill cheaper?
Show all your working.​

Answer 1

Answer:

£365 is cheaper than  €425.

Step-by-step explanation:

We want to convert both prices to the same currency. It is easier to convert pounds to euros, as the exchange rate uses £1.

€425 or £365

£365 = €(365 * 1.14)

£365 = €416.10

€425 > €416.10

£365 is cheaper than  €425.