14
QuizMultiple Choice

Travel Expenses

Question 14 • 26-27 Ignite Financial Literacy Personal Finance - EL3403

Jake is planning a trip to China. He has made a list of cities he would like to visit, as well as the approximate amount of money he plans to spend in each as a result of travel, lodging, shopping, and so on. All costs are listed in renminbi (¥).CityCost (¥)Tianjin557Nanjing681Zhengzhou595Beijing728Wuhan449Chengdu534Unfortunately, Jake only has ¥2,920 available. What is the cheapest city that Jake can remove from his travel plans and still stay under budget?

Answer
A
Tianjin
B
Wuhan
C
Nanjing
D
Beijing

Explanation

Jake’s total planned cost is ¥3,544. He needs to cut at least ¥624 to bring the total below his ¥2,920 budget. Removing Nanjing, which costs ¥681, leaves him with ¥2,863; the cheaper listed options, Tianjin and Wuhan, do not cut enough. So the cheapest city he can remove is Nanjing.

AI-written and checked against the verified answer.

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