A traveller had sterling pounds 918 which he exchanged to Kenya Shillings at the rate of sh 84 per

      

A traveller had sterling pounds 918 which he exchanged to Kenya Shillings at the rate of sh 84 per sterling pound. He did not spend the money as intended. Later, he used the Kenyan Shillings to buy sterling pounds at the rate of Ksh 85 per Sterling pounds at the rate of Ksh 85 per Sterling pound. Calculate the amount in sterling pounds lost in the whole transaction.

  

Answers


John
1 Sterling pound =n sh 84

918 Sterling pound = ?

= 918 x 84 = sh 77 112

Bought back the sterling pounds

at sh 85 per each

1 Sterling pound = sh 85

= sh 77 112

He got $\frac{77 112}{85}$ = 907.2 Sterling pounds

Amount lost in the whole

transaction is

918 - 907.2 = 10.8 Sterling pounds




johnmulu answered the question on June 9, 2017 at 07:32


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