Question

If British pounds sell for $1.30 (U.S.) per pound, what should dollars sell for in pounds per dollar?

Answer 1

Solution :

British pound is the name of the currency of the country England.

It is given that the value of one British pound is $ 1.30 in terms of dollar.

i.e. $ 1.30 = 1 Pound

Now calculation for the dollar sells for in pounds per dollar is given by :

$1 \text{ dollar} = \frac{1}{1.30} \ \text{pound}$

$1 \text{ dollar} = 0.76 \text{ pound}$

Therefore, 1$  is 0.76 pound.

Thus, 1 dollar sells for in 0.76 pound per dollar.