How many dollars would it cost to buy an edinburgh woolen mill sweater costing 50 british pounds if the exchange rate is 1.25 dollars per one british pound?
a.50 dollars
b.60 dollars
c.70 dollars
d.62.5 dollars?
Answer: d.62.5 dollars If the exchange rate is 1.25 dollars per one British pound, then 50 British pounds converted to dollars would be: 1.25*50 62.5 It will cost $62.5 dollars to buy an Edinburgh woolen mill sweater costing 50 British pounds.
