Certainly! Let's go through the steps to solve each part of the question.
### Part a) How much is € 530 in £?
To find out how many pounds £ you get for €530, you can use the conversion rate provided: €1 is equivalent to £0.75.
Steps:
1. Start with the amount in euros: €530.
2. Use the conversion rate: €1 = £0.75.
3. Multiply the total euros by the conversion rate:
[tex]\[
530 \, \text{€} \times 0.75 \, \left(\frac{\text{£}}{\text{€}}\right) = 397.5 \, \text{£}
\][/tex]
So, €530 is equivalent to £397.5.
### Part b) What is the £ to € exchange rate?
To find the exchange rate from pounds to euros, you need to determine how many euros you get for one pound. Knowing that €1 = £0.75, you can work it out by finding the reciprocal of the given rate.
Steps:
1. Begin with the given exchange rate: €1 = £0.75.
2. To determine the £ to € rate, find the reciprocal of 0.75:
[tex]\[
\text{£1} = \frac{1 \, \text{€}}{0.75 \, \text{£}} = \frac{1}{0.75} \, \text{€} = 1.3333333333333333 \, \text{€}
\][/tex]
Thus, the exchange rate from pounds to euros is approximately £1 = €1.3333333333333333.
In summary:
a) €530 is equivalent to £397.5.
b) The exchange rate from pounds to euros is £1 = €1.3333333333333333.
