A recent direct quote for the British pound was $1.6750. How many British pounds can be purchased with $100?

A) 165.70
B) 59.70
C) 0.5970
D) 16.57

Question

A recent direct quote for the British pound was $1.6750. How many British pounds can be purchased with $100?A) 165.70B) 59.70C) 0.5970D) 16.57

Laura Lunsford · Accepted Answer

Final Answer : B, Explanation :  To find out how many British pounds can be purchased with $100, we need to divide $100 by the direct quote which is $1.6750:$100 ÷ $1.6750 = £59.70 (rounded to nearest penny)Therefore, the answer is B.

A recent direct quote for the British pound was $1.6750. How many British pounds can be purchased with $100?

A) 165.70
B) 59.70
C) 0.5970
D) 16.57

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