20
QuizMultiple Choice

Travel Expenses

Question 20 • 26-27 Ignite Financial Literacy Personal Finance - EL3403

Pam is preparing for a trip to the Philippines. She has set aside money for everything that she needs to have, but there are several other items which, while not strictly necessary, she would like to take with her. The following table shows the money that Pam has already spent or allocated, with prices listed in Philippine pesos (P).ExpenseCost (P)Transportation10,804Hostel9,773Food budget11,229Sightseeing budget24,615Pam’s total budget is P 77,500.Which of the following additional items can Pam afford?I. brand-new walking shoes, P 6,865II. ticket upgrade to first class, P 15,149III. electronic Tagalog/English dictionary, P 13,255

Answer
A
only I
B
I or III, but not both
C
either I and III, or II
D
any two, but not all three
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