Answer :
Answer:
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 :
[tex]=\frac{S\$ 16.235}{HK\$100}\times HK\$35,000=S\$5,682.25[/tex]
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:
[tex]=\frac{HK\$ 100}{S\$16.242}\times S\$2,182.25=HK\$13,435.84 \approx HK\$13,436[/tex]
The amount of Hongkong dollars they receive will be HK$13,436.