A trip to the fair

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Lily and Max went to the fair with £50 each. They both decided to spend their money on different activities. Lily spent £12 on rides and £8 on games. Max spent £15 on food and £10 on a magic show. At the end of the day, they decided to pool their remaining money together to buy a gift for their friend, which cost £18. How much money did they have left after buying the gift?

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