If the price of British pounds in terms of U.S.dollars is $1.80 per pound,then the price of U.S.dollars in terms of British pounds is:

Name: If the price of British pounds in terms of U.S.dollars is $1.80 per pound,then the price of U.S.dollars in terms of British pounds is:
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Question

Quizplus · Accepted Answer

To find the price of U.S. dollars in terms of British pounds, we need to take the reciprocal of the given exchange rate. That is, 1/1.80 or 0.555£ per dollar. Therefore, the best choice is B.

If the Price of British Pounds in Terms of U