Ali is planning a party. He wants to buy some cakes and some sausage rolls.

The cakes are sold in boxes.
There are 12 cakes in each box.
Each box of cakes costs £2.50.

The sausage rolls are sold in packs.
There are 8 sausage rolls in each pack.
Each pack of sausage rolls costs £1.20.

Ali wants to buy more than 60 cakes and more than 60 sausage rolls.
He wants to buy exactly the same number of cakes as sausage rolls.

What is the least amount of money Ali will have to pay?