One British pound can be purchased for $1.80. What is the exchange rate in terms of pounds per dollar?
Added by Shawn O.
Step 1
We know that 1 British pound (GBP) can be purchased for $1.80 (USD). This means that 1 GBP = $1.80. Show more…
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If the Canadian dollar to U.S. dollar exchange rate is 1.24 and the British pound to U.S. dollar exchange rate is $0.68,$ what must be the Canadian dollar to British pound exchange rate?
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If a U.S. importer can purchase 10,000 British pounds for $7,900, the rate of exchange is: $0.79 = 1 British pound in the United States $1 = 0.79 British pounds in the United States $1 = 7.9 British pounds in the United States $7.9 = 1 British pound in the United States.
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