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Question 8
The exchange rate between the pound and the euro is £1 = €1.25. What would be the cost, in euros, of 425 units? Select one answer: A €452.25 B €531.25 C €11 050.0... show full transcript
Step 1
Answer
To determine the cost in euros of 425 units, we will use the exchange rate given: £1 = €1.25.
First, we need to convert the units into pounds. Assuming each unit costs £1:
Next, we convert this to euros using the exchange rate:
Therefore, the correct answer is B €531.25.
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