Question

Answer the following question

Answer 1

Answer:

the answer is euros

Answer 2

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Given :

Bill : €425 or £365

Exchange rate → £1=€1.14

To find :

Currency in which the bill was cheaper.

Solution :

Given that £1=€1.14

So,

£365 = €365×1.14

£365 = € 416.1

Since, the bill was £ 365 and € 425

£365 in Euros is € 416.1

→ €416.1 < €425

→ £365 < € 425

Hence, In Pounds (£) the bill was cheaper than in Euros (€).

→ €425-€416.1 =€8.9 =£8.9/1.14 ≈ £ 7.81

The bill was cheaper in Pounds £ by €8.9 or approx . £7.81.