Answer:
£3.15 (nearest pence)
Explanation:
If the price of a coffee has increased by 7% then the final price of the coffee is: 100% + 7% = 107% of the original price.
Therefore, to find the original price of the coffee:
original price ÷ 107 × 100
= 3.37 ÷ 107 × 100
= £3.15 (nearest pence)