13
QuizMultiple Choice

Travel Expenses

Question 13 • 26-27 Ignite Financial Literacy Personal Finance - EL3403

Roy is planning a trip to Iceland. His plane ticket will cost kr 60,170 (60,170 Icelandic krónur), his lodging will cost kr 47,249, he needs kr 39,877 for food, and his Icelandic friend has suggested that he bring at least kr 41,054 for sightseeing and spending money. However, Roy has only kr 160,500 saved up. How much more will he need before he can go on his trip?

Answer
A
kr 23,350
B
kr 26,673
C
kr 27,850
D
kr 28,741

Explanation

Add Roy’s expenses: kr 60,170 + kr 47,249 + kr 39,877 + kr 41,054 = kr 188,350. Subtract his savings of kr 160,500: kr 188,350 − kr 160,500 = kr 27,850. He needs kr 27,850 more, which is choice C.

AI-written and checked against the verified answer.

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