Ratio, Rate and Speed - Currency Conversion

Ratio, Rate and Speed - Currency Conversion

IP 2
  1. This year Mr Ong earns \(\$75\, 680\).

    This is \(3.5\%\) more than he earned last year.

    Calculate the amount Mr Ong earned last year.

  2. \( \text{£}\hspace{0.5em}1= \mathrm{S}\$1.73\)

    \( \mathrm{S}\$1 = \text{€}\hspace{0.5em}0.68 \)

    A tablet costs \( \text{£}\hspace{0.5em}160\) in the United Kingdom.

    An identical tablet costs \(\text{€}\hspace{0.5em}185\) in France.

    Pam travels regularly between the United Kingdom and France.

    Pam says that it is cheaper to buy the tablet in the United Kingdom.

    Do you agree? Explain your answer by showing clear working below.

Solution:

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Answer:(a) \(\$73\,120.77\) (b) Pam is incorrect.

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