A Turkish businessman starts his business journey from Turkey to Thailand, China
ID: 3052894 • Letter: A
Question
A Turkish businessman starts his business journey from Turkey to Thailand, China, Japan respectively and comes back to Turkey. The travel expenses are expressed in the currency of country, and are as follows:
Turkey to Thailand
Thailand to China
China to Japan
Japan to Turkey
Turkish lira 1800
Thai baht 9800
Yuan 2000
Yen 45000
Calculate the total travel costs in terms of Turkish lira using current currency conversions. provide where you found your current currency conversions.
Turkey to Thailand
Thailand to China
China to Japan
Japan to Turkey
Turkish lira 1800
Thai baht 9800
Yuan 2000
Yen 45000
Explanation / Answer
Final answer should be in turkish Lira
We will get the conversion rates from google
a) Turkey to Thailand = 1800 Turkish lira
b) Thailand to China = Thai baht 9800
So, 1 thai baht = 0.13 Turkish Lira
9800 thai baht = 0.13 * 9800 Turkish Lira = 1274 Turkish Lira
c) China to Japan = Yuan 2000
1 Yuan = 0.63 Turkish Lira = 2000 * 0.63 = 1260 Turkish Lira
d) Japan to Turkey = Yen 45000
1 Yen = 0.038 Turkish Lira = 45000 * 0.038 = 1710 Turkish Lira
So, total = 1800 + 1274 + 1260 + 1710 = 6044 Turkish Lira
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