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I have €180. I exchanged it at €1.2 to £1 . how much do I get back in sterling

I have €180. I exchanged it at €1.2 to £1 . how much do I get back in sterling
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5 votes
I have €180. I exchanged it at €1.2 to £1 . how much do I get back in sterling

User Crowder
by
8.7k points

1 Answer

5 votes

(180 €) x (1 £ / 1.2 €)

= (180 · 1 / 1.2) x ( € · £ / € )

= £ 150 minus the exchanger's commission.
User Paramount
by
8.6k points
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