Math Problem Statement
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?
Solution
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Math Problem Analysis
Mathematical Concepts
Currency Conversion
Ratios
Division
Formulas
£1 to dollars = 1.25
€1 to dollars = 1.07
£1 to euros = (1.25 / 1.07)
Theorems
Unitary Method
Proportionality
Suitable Grade Level
Grades 6-8
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