A family travels from Hongkong to Singapore for a holiday. They exchanged HK$35000 to Singapore dollars at an exchange rate of HK$100= S$ 16.235. They spent a total of S$3500 and converted the remaining into HK$ at the end of the trip at an exchange rate of HK$ 100=S$16.242. Find the amount of Hongkong dollars they receive, giving your answer correct to the nearest dollar.

The amount of Hongkong dollars they receive will be HK$13,436.

Step-by-step explanation:

Hong Kong dollars exchanged by family in Singapore = HK$35,000

Exchange rate: HK$100= S$ 16.235

Singapore dollars received by family after the exchange :

Total expenditure of the family in Singapore = S$3500

Remaining Singapore dollars = S$5,682.25 - S$3,500 = S$2,182.25

After the end of the trip, the family exchanged their remaining Singapore dollars with Hong Kong dollars at the exchange rate of:

HK$ 100=S$16.242

The amount of Hongkong dollars family received:

The amount of Hongkong dollars they receive will be HK$13,436.

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