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October 24, 2014

Posted by **Christy** on Tuesday, September 15, 2009 at 6:22pm.

if I budget 150$ per night for a hotel room. What is the maximum number of euros I should spend for a room?

My answer is 108 euros as a maximum (with an actual number of 107.425)

Correct???

* Math-check my answer - DrBob222, Tuesday, September 15, 2009 at 4:09pm

I get a different number.

$150 x (1 euro/$1.20) =

* Math-check my answer - Christy, Tuesday, September 15, 2009 at 4:25pm

Bob are you getting 180 euros ?

That was my first answer but it looked wrong

* Math-check my answer - DrBob222, Tuesday, September 15, 2009 at 4:28pm

No. Are you using a calculator. 150/1.2 = 125.

* Math-check my answer - Ms. Sue, Tuesday, September 15, 2009 at 4:30pm

Yes, Christy, $180 is correct.

Think of it this way. If you buy a cup of coffee for 1 Euro, you're spending U.S. $1.20. As DrBob showed, you multiply the number of Euros by the amount you paid in U.S. dollars for each Euro.

* Math-check my answer - Christy, Tuesday, September 15, 2009 at 4:43pm

So she should only spend 125 euros that would be the equivalent of 150$ US ?

I am confused as to what the true answer should be ?

- Math-which is correct -
**MathMate**, Tuesday, September 15, 2009 at 6:36pmAre you in a country which requires VAT at 16.36%? Or in a state which levies sales taxes on hotel rooms?

- Math-which is correct -
**Christy**, Tuesday, September 15, 2009 at 6:52pmthis example is just a math story problem. not based on any real life situation.

- Math-which is correct -
**MathMate**, Tuesday, September 15, 2009 at 7:04pmI think there is a confusion with the budget.

If the budget is US$150, and the conversion is 1€=US$1.20, then the budget is US$150*(1.00€/US$1.20)

=125€

Note how the US$ cancel out to leave &euro as the unit.

- Math-which is correct -
**Ms. Sue**, Tuesday, September 15, 2009 at 7:55pmI'm sorry -- but it looks like I was wrong in my previous answer.

Check this site for a computerized answer.

http://www.xe.com/ucc/convert.cgi

- Math-which is correct -
**Ms. Sue**, Tuesday, September 15, 2009 at 8:00pmPlease note that it will give you a number in Euros at today's exchange rate -- which is a little different than the one given in your problem. But it should point you in the right direction.

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