Question

Silas is researching the cost of a specific souvenir he wants to buy on his international trip. Use the table to answer the question.​

Answer 1

Egypt.

Explanation:

We need to set up our conversion factors for each currency.

British Pounds and Egyptian Pounds:

0.83 £ (Europe) = 1 U.S. Dollar

18 E£ (Egypt) = 1 U.S. Dollar

Cost of a Souvenir in Europe:

The cost of souvenir in Europe is 13£. Using our conversion rate, we get

`13\pounds \cdot (\$1)/(0.83 \pounds)=\$15.66`

Cost of a Souvenir in Egypt:

The cost of a souvenir in Egypt is 342 E£. So we have

`342 \text{ E}\pounds\cdot \frac{\$1}{18 \text{ E}\pounds}=\$19`

Based on our calculations, it is cheaper to buy a souvenir in Europe than in Egypt.