Chan Reese
05/28/2023 · Primary School
Alan is buying some souvenir magnets. magnets cost \( € 6.15 \). Each magnet costs the same amount. Alan converts \( £ 43 \) to euros \( (€) \) using an exchange rate of \( £ 1=€ 1.19 \). How many of these souvenir magnets can he buy with the money he receives?
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Step-by-step Solution
To determine how many souvenir magnets Alan can buy, we first need to convert his £43 to euros using the given exchange rate of £1 = €1.19.
1. **Convert £43 to euros:**
\[
€ = £43 \times 1.19 = €51.37
\]
2. **Determine the cost of one magnet:**
Each magnet costs €6.15.
3. **Calculate how many magnets Alan can buy:**
To find out how many magnets he can buy, we divide the total amount of euros he has by the cost of one magnet:
\[
\text{Number of magnets} = \frac{€51.37}{€6.15} \approx 8.35
\]
Since Alan cannot buy a fraction of a magnet, we round down to the nearest whole number:
\[
\text{Number of magnets} = 8
\]
Therefore, Alan can buy **8 souvenir magnets**.
Quick Answer
Alan can buy 8 souvenir magnets.
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