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A shop offers the following conversions between pounds (£) and US dollars ($): £1 = $1.22 $1 = £0.76 If Vinnie converts £350 into US dollars and then back into pounds, what percentage of his money will he lose? Give your answer to 1 d.p.

A shop offers the following conversions between pounds (£) and US dollars ($): £1 = $1.22 $1 = £0.76 If Vinnie converts £350 into US dollars and then back into pounds, what percentage of his money will he lose? Give your answer to 1 d.p.

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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A shop offers the following conversions between pounds (£) and US dollars ($): £1 = $1.22 $1 = £0.76 If Vinnie converts £350 into US dollars and then back into pounds, what percentage of his money will he lose? Give your answer to 1 d.p.
Transcribed Image Text:A shop offers the following conversions between pounds (£) and US dollars ($): £1 = $1.22 $1 = £0.76 If Vinnie converts £350 into US dollars and then back into pounds, what percentage of his money will he lose? Give your answer to 1 d.p.
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