Question
In August of 2008 , Kelly and Tabi took a trip to England and
France. At the time of the trip the currency exchange rates
were 1 U.S. Dollar per 0.54 British pound (
) and 1 U.S.
Dollar per 0.68 Euro (
).
While in London, the girls decided to tour the Tower of
London. Tickets cost
per adult. How much did two
tickets cost in U.S Dollars?
Two tickets cost
France. At the time of the trip the currency exchange rates
were 1 U.S. Dollar per 0.54 British pound (
Dollar per 0.68 Euro (
While in London, the girls decided to tour the Tower of
London. Tickets cost
tickets cost in U.S Dollars?
Two tickets cost
Ask by Cox Hodges. in the United States
Jan 24,2025
Upstudy AI Solution
Tutor-Verified Answer
Answer
Two tickets cost $61.11.
Solution
To determine the total cost of two tickets in U.S. Dollars, follow these steps:
-
Calculate the Total Cost in British Pounds:
- Cost per ticket: £16.50
- Number of tickets: 2
-
Convert British Pounds to U.S. Dollars:
- Exchange rate: 1 U.S. Dollar = £0.54
- To convert pounds to dollars, divide the amount in pounds by the exchange rate.
Therefore, two tickets cost $61.11.
$61.11
Answered by UpStudy AI and reviewed by a Professional Tutor
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The Deep Dive
To find the cost of two tickets in U.S. Dollars, first calculate the total ticket price in British pounds:
. Now, using the exchange rate of 1 U.S. Dollar per 0.54 British pounds, we’ll convert it to U.S. Dollars.
To do this, we can use the formula:
. Thus,
. So, two tickets cost approximately
.
Exploring historical landmarks like the Tower of London can transport you back in time! Did you know that this iconic castle has served various purposes throughout its history, including a royal palace, a fortress, and even a prison? It’s not just a ticket; it’s a gateway to tales of intrigue, power, and royal drama.
When planning overseas trips with different currencies, it’s essential to keep an eye on not just the ticket prices but also the exchange rates! One common mistake travelers make is underestimating how these rates can shift, often resulting in unexpected costs. Always check rates close to your departure date, and consider withdrawing cash ahead of time to lock in favorable rates!