Question

When driving in England, a U.S. tourist puts gasoline in his car and pays 1.35 European pounds per liter (pounds per liter). The price of gasoline in his U.S. hometown is $3.39 per gallon. Suppose the exchange rate is 0.705 pounds for $1.50. Is gasoline more expensive in England or in the U.S.?

Answer 1

Answer:  England

Step-by-step explanation:

England: 1.35 euro/liter

$\text{U.S:}\quad \dfrac{\ 3.39}{gallon}\times \dfrac{0.705\ euro}{\ 1.50}\times \dfrac{1\ gallon}{3.785\ liter}=\dfrac{0.42\ euro}{liter}$

     1.35 > 0.42

England > US