PRICING YOUR HOLIDAY
The table below
shows the prices in £’s per person for two adults to share a twin/double
room in different hotels in a European city. The price includes travelling by
air from the UK and includes breakfast in the hotel.
Seasonal
supplement of £12 per person applies for departures between:
28 Apr–3 May, 28–31 May,
26–30 Aug, 24–27 Dec,
30 Dec–2 Jan.
‘Weekend
supplement’ means each person pays £12
extra if they depart on a Friday or Saturday.
EXAMPLE:
2 people want to
spend 4 nights at the Carling
Hotel, leaving on 15th November. How
much will this cost?
Look along the ’11 Nov–5 Dec’ row and
stop at the Carling Hotel column. The
cost per person is £210
plus £99
for each extra night.
Total cost per person for
4 nights =
210 + 99 ×
3 = £507.
Total cost for
2 people =
507 ×
2 = £1014.
EXAMPLE:
4 people want to
spend 3 nights at the Tulip
Hotel. They want to depart for their holiday on 7th August which is a Saturday.
How much will the holiday cost for these 4 people?
Look along the ’01 Apr–27 Oct’ row and
stop at the Tulip Hotel column. The
cost per person is £185
plus £84
for each extra night.
Total cost per person for
3 nights =
185 + 84 ×
2 = £353.
Depart on Saturday so weekend supplement = 12.
Total cost per person
= £365.
Total cost for
4 people
= 365 × 4 = £1460.
REMEMBER
There is also
the cost of getting to the airport, spending money, money for main meals,
travel insurance and other items.
MONEY FOR YOUR HOLIDAY
Exchange rate.
This is the
amount of foreign money you will get in exchange for £1.
At the time of
writing:
£1
= 1.45
euros (Europe)
£1
= 51.18
rubles (Russia)
£1
= 1.82
dollars (USA)
£1
= 19.84
pesos (Mexico)
£1
= 196
yen (Japan)
£1
= 6.84
riyals (Saudi Arabia)
£1
= 11.98
rand (South Africa)
£1
= 2.39
dollars (Australia)
Converting pounds into foreign money.
Multiply the number of pounds by the chosen exchange rate.
EXAMPLES:
£1
= 1.82
dollars (USA)
so
£10 =
10 ×
1.82 = 18.2 dollars
£1
= 51.18
rubles (Russia)
so £300 =
300 ×
51.18 = 15354 rubles
Converting foreign money into pounds.
Divide the
foreign money by the chosen exchange rate.
EXAMPLES:
£1
= 196
yen (Japan)
4508 yen =
4508 ÷
196 = £23
£1
= 1.45
euros
150 euros =
150 ÷
1.45 = £103.448276
= £103.45 (to the nearest penny)
BEWARE!
When converting
your money, the bank (or whatever organization you use) will charge you a free.
This is called the ‘commission’.
Different
organizations charge different amounts of commission. Always look around for
the best deal.
VAT – Value Added Tax
This is money
added to the prices of goods and services. This money is collected by the
government.
The usual rate
of VAT is 17.5%. Fuel for homes is charged at a lower rate of 5%.
Same things like books are zero-rated. This means there is no VAT on books.
EXAMPLE:
A
TV costs £500 + VAT at 17.5%.
How much does the TV cost?
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