Suppose the dollar per pound exchange rate is $2 per pound while the dollar per Swiss franc exchange rate is 50 cents per franc. From the given information we can conclude that the Swiss franc per pound exchange rate is:

Question

Quizplus · Accepted Answer

We can use the cross-rate formula to determine the exchange rate between Swiss francs and pounds. The formula is: (exchange rate of currency 1 / exchange rate of currency 2) = exchange rate between currency 1 and currency 2. 
Using this formula, we get (50 cents / $2) = 25 cents per pound. Since there are 100 cents in a franc, we divide 100 by 25 to get 4 francs per pound. Therefore, the Swiss franc per pound exchange rate is 4.

Suppose the Dollar Per Pound Exchange Rate Is $2 Per