A computer sells for $800 in the United States and for 600 British pounds in England.Given an exchange rate of 0.65 British pound = $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 $123 less in the United States.
E)The computer costs $123 less in England.

Question

Quizplus · Accepted Answer

To compare, convert 600 British pounds to USD: 600 / 0.65 = $923.08. The computer costs $923.08 in England, which is $123 more than $800 in the US. Thus, it costs $123 less in the US.

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