Question

Owen and Mollie converted some pounds (£) into euros (€) at two different shops. Owen converted £40 into €46.40 at shop A.

Mollie converted £72 into €80.64 at shop B.
Nadia converted some pounds at one of these shops and received €64.96. What is the smallest amount that she could have converted

Answer 1

Answer: £56

Explanation:

SHOP A:

£40 --> €46.40

40 x 1.16 = €46.40

€64.96 ÷ 1.16 = £56

SHOP B:

£72 --> €80.64

70 x 1.12 = €80.64

€64.96 ÷ 1.12 = £58

The answer is £56 because that is the smallest.

Answer 2

Shop A: £40/€46.40 = about £.862/€

Shop B: £72/€80.64 = about £.892/€

Nadia: (£.892/€)(€64.96) = £60