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Elvis exchanged Ksh.600,000 to Sterling pounds. After settling the bills worth £1200, he changed the balance to Euros. He then purchased goods worthy 200 Euros....

Elvis exchanged Ksh.600,000 to Sterling pounds. After settling the bills worth £1200, he changed the balance to Euros. He then purchased goods worthy 200 Euros. Using the exchange rates below, calculate his balance in Kenyan shillings.
Buying (Ksh) Selling (Ksh)
1 Sterling pound 114.20 114.50
1 Euro 101.20 101.30

Answers


Kavungya
£1200 to Ksh.=1200 x114.20
=137040
Balance600000 -137040 =462,960
Ksh.to Euros = 462960/101.30
=4570.188
Balance=4570.188-200 =4370.188
Balancein Ksh. =4370.188 x101.20
=Ksh.442,263
Kavungya answered the question on November 20, 2019 at 09:49

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