What is the exchange rate between the dollar and the British pound if a pair of American jeans costs 60 dollars in New York and 30 Pounds in London?
A) 1.5 dollars per British pound
B) 0.5 dollars per British pound
C) 2.5 dollars per British pound
D) 3.5 dollars per British pound
E) 2 dollars per British pound

Question

Quizplus · Accepted Answer

The exchange rate can be calculated by dividing the cost in dollars by the cost in pounds: 60 dollars / 30 pounds = 2 dollars per British pound.

What Is the Exchange Rate Between the Dollar and the British