The exchange rate between pounds (£) and Singapore dollars ($) is £1 = $1.86. The exchange rate between Singapore dollars ($) and euros (€) is $1 = €0.62. Megan is comparing day tour packages on a website. Paris 2-Day Tour €280 per person London 2-Day Tour £280 per person Megan claims that the tour package in Paris costs less than the tour package in London. Is Megan's claims correct? Justify your answer with calculations. Answer ...

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Worked solution

1. Convert the Paris tour price from euros to Singapore dollars.

Since $\char36{}1=€0.62$ ,

$€280=\$\left(\frac{280}{0.62}\right)=\$451.61\text{ approximately}.$

2. Convert the London tour price from pounds to Singapore dollars and compare.

Since $£1=\char36{}1.86$ ,

$£280=\$\left(280\times 1.86\right)=\$520.80.$

Compare: $\char36{}451.61<\char36{}520.80$ .

Answer

Megan's claim is not correct. Paris costs about $£242.67$ while London costs $£280$ , so the Paris tour costs less than the London tour.

AI analysis — may contain mistakes.

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