If the price of gold at the morning fixing in London was $5310 per lb, what would a kilogram of gold have cost in$\le$ (pounds)? (Assume an exchange rate of $1.00 =$\le$0.545)

Question

Quizplus · Accepted Answer

First, we need to convert the price of gold from dollars per pound to pounds per kilogram. 
1 lb = 0.45359237 kg 
Therefore, the price of gold in pounds per kilogram is: 
$5310/lb * (1/0.45359237 kg/lb) = £11,657.10/kg

Next, we use the given exchange rate to convert pounds to F1F1F1S1F1F1F10: 
£11,657.10/kg / F1F1F1S1F1F1F100.545/£ = F1F1F1S1F1F1F106.370/kg

Therefore, the answer is C, (F1F1F1S1F1F1F106.370).

If the Price of Gold at the Morning Fixing in London