Bethany lives in London.
Her cousin Pierre lives in Paris.
They are going on holiday together to America.
Pierre is offered an exchange rate of 1 euro to 1.07 dollars.
Bethany is offered an exchange rate of £1 to 1.25 dollars.
Using these exchange rates, how many euros is £1 worth?

To find out how many euros \(1\) pound (£1) is worth, we need to use the exchange rates provided for both currencies relative to the US dollar.

### Given:
- Pierre's exchange rate: \(1\) euro (€1) = \(1.07\) dollars.
- Bethany's exchange rate: \(1\) pound (£1) = \(1.25\) dollars.

Now, we will calculate how many euros are equivalent to £1.

1. First, we know that £1 is equivalent to \(1.25\) dollars.
2. We also know that 1 euro (€1) is worth \(1.07\) dollars.

To find out how many euros £1 is worth, divide the dollar value of £1 by the dollar value of €1:

\[
\frac{1.25 \text{ dollars}}{1.07 \text{ dollars/euro}} \approx 1.1682 \text{ euros}.
\]

Thus, £1 is approximately **1.168 euros**.

Would you like more details or have any questions?

Here are 5 related questions:
1. If Bethany exchanges £500, how many euros would she receive using this rate?
2. How would the exchange rates impact their spending in America if they had the same amount in their local currencies?
3. What would the value of 100 euros be in pounds?
4. If Pierre exchanged 1000 euros, how many dollars would he receive?
5. How would an exchange rate fluctuation (e.g., euro to dollar increasing to 1.10) affect Pierre’s holiday budget?

**Tip:** When comparing exchange rates, it's useful to convert both currencies to a common one (like dollars) to make calculations easier.

Bethany lives in London. Her cousin Pierre lives in Paris. They are going on holiday together to America. Pierre is offered an exchange rate of 1 euro to 1.07 dollars. Bethany is offered an exchange rate of £1 to 1.25 dollars. Using these exchange rates, how many euros is £1 worth?

Learn how to calculate how many euros £1 is worth using exchange rates. This problem covers currency conversion using ratios and proportion. Bethany's exchange rate of £1 to 1.25 dollars and Pierre's rate of 1 euro to 1.07 dollars are used to determine the conversion. Suitable for students in Grades 6-8.

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