Answers26-27 Ignite Financial Literacy Personal Finance - EL3403Travel ExpensesQuestion 17
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Travel Expenses

Question 17 • 26-27 Ignite Financial Literacy Personal Finance - EL3403

Ian is preparing for his trip to South Korea. He has a total budget of 2,192,896 won for his entire trip. If he calculates that he will need 85,210 won for an extended travel pass, 725,726 won for his plane tickets, 203,396 won for food, and 322,800 won for his hostel room, how much does he have left for spending money and miscellaneous expenses?

Answer
A
1,337,132 won
B
1,026,184 won
C
855,764 won
D
830,456 won

Explanation

Add Ian’s planned costs: 85,210 + 725,726 + 203,396 + 322,800 = 1,337,132 won. Subtract this from his total budget: 2,192,896 − 1,337,132 = 855,764 won, so he has 855,764 won left for spending money and miscellaneous expenses.

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