Уроки математики и физики (RU + UA)

понедельник, 6 февраля 2017 г.

Lesson 23. Watch your money! (2)

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.
Weekend supplement: £12 per person for Friday and Saturday departures.
Seasonal supplement of £12 per person applies for departures between:    

28 Apr–3 May, 2831 May,
2630 Aug, 2427 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 the11 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 the01 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?
lesson 23

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