Question

Margaret is on holiday in France. She buys an English newspaper. The cost of the newspaper is 5 euros. In England, the cost of the same newspaper is £2.50. The exchange rate is £1 = 1.16 euros. Work out the difference, in euros, between the cost of the newspaper in France and the cost of the newspaper in England.

Answer 1

The difference, in euros, between the cost of the newspaper in France and the cost of the newspaper in England is 2.10 euros.

What is the difference in costs?

Exchange rate is the rate at which one currency is exchanged for another currency.

Cost of the newspaper in England in euros = 2.50 x 1.16 = 2.90

Difference in costs = 5 euros - 2.90 euros = 2.10 euros

To learn more about exchange rate, please check: https://brainly.com/question/25780725

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