Currency-adjusted comparisonvery hardFree question

Office A earns $52,000; office B earns €40,000. With £1 = $1.25 and £1 = €1.15, how much more (in £) does one earn than the other?

A£19,000
B£12,000
C£76,383
D£13,217
E£6,817
Worked solution

Convert both amounts into the same currency first, then compare. The correct answer is £6,817. Traps to avoid: £19,000 comes from the "multiplied not divided" error; £12,000 comes from the "compared without converting" error; £76,383 comes from the "added not difference" error; £13,217 comes from the "swapped rates" error.

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