Question

Kamil is saving up to buy a model of Big Ben costing £30 when he visits London. So far he has saved €15.00. How much more money does he need to save? (Show your answer in € and in £).

Answer 1

€18.3 or £16.49

Explanation:

Kamil needs to save £30 to buy Big Ben. Current rate of conversion from pound to euro is £1 = €1.11. If the money is converted from pound to euro, you multiply it by 1.11.

Therefore £30 = € (30 * 1.11) = €33.3

If he has saved €15 he needs to save an extra of €(33.3 - 15) = €18.3

He needs to save €18.3

€18.3 to pound using the Current rate of conversion from euro to pound = £(18.3/1.11) = £16.49

Answer 2

€18.40 or £16.53.

Explanation:

Kamil is saving up to buy a model of Big Ben costing £30 when he visits London.

He has saved €15.00.

First, we have to convert his savings to Pounds(£) and then, subtract that from the amount he needs.

€1 = £0.90

€15 = 15 * 0.9 = £13.47

So, Kamil has saved £13.47.

Therefore, the amount he has left to save is:

£30 - £13.47 = £16.53

To find this amount in Euros, we convert it to Euros:

£1 = €1.11

16.53 = 16.53 * 1.11 = €18.40

He has to save €18.40 or £16.53.