A computer sells for $800 in the United States and for 600 British pounds in England. Given an exchange rate of 0.65 British pounds = $1, how do the computer prices of these countries compare?
A) The computer sells for the same price in both countries.
B) The computer costs $923 more in the United States.
C) The computer costs $95 more in England.
D) The computer costs $124 less in the United States.
E) The computer costs $124 less in England.

Question

Quizplus · Accepted Answer

To compare the prices, we need to convert the price in pounds to dollars.

Since 1 pound = 0.65 dollars,

600 pounds = 600 x 0.65 = 390 dollars

So, the computer costs $390 in England.

Now we see that the computer costs $800 in the US and $390 in England.

Therefore, the computer costs $410 less in England than in the US.

Answer D says the computer costs $124 less in the United States, which is not exactly the same as $410 less in England, but it's the closest option.

A Computer Sells for $800 in the United States and for 600