If a British pound equals 1837 South Korean won (the currency of South Korea), what is the British pound equivalent of a South Korean won?
A) 0.54 British pounds
B) 0.00054 British pounds
C) 0.1837 British pounds
D) 1.54 British pounds

Question

BlackTom AI · Accepted Answer

We start by understanding the exchange rate given: 1 British pound = 1837 South Korean won. This means that each won is worth a fraction of a pound equal to 1/1837.

Option A: 0.54 British pounds. This would imply 1 won is worth 0.54 pounds, which is vastly larger than 1/1837. Since 1/1837 is a tiny fraction, this option greatly overstated the value of a single won and is incorrect.

Option B: 0.00054 British pounds. This is a reasonable decimal approximation of 1/1837, because 1/1837 ≈ 0.0005439..., which rounds to 0.00054. This option aligns with the reciprocal relationship between pounds and won as dictated by the given rate.

Option C: 0.1837 British pounds. This would imply that 1 won equals 0.1837 pounds, which would correspond to 1 pound equaling about 5.44 won, contradicting the stated rate of 1837 won per pound. This is inconsistent with the exchange rate provided.

Option D: 1.54 British pounds. This would mean 1 won is worth more than the pound itself, which would imply 1 pound equals far fewer won than 1837, again contradicting the given rate. It's not mathematically compatible with 1 pound = 1837 won.

Putting it together, the correct interpretation is that the value of 1 won in pounds is the reciprocal of 1837, yielding a very small decimal, which matches Option B. The other options either inflate or misplace the magnitude, leading to contradictions with the stated rate.

ECON:3345:0001 Spr25 Quiz 7 Chs. 17, 18 & 19

If a British pound equals 1837 South Korean won (the currency of South Korea), what is the British pound equivalent of a South Korean won? A) 0.54 British pounds B) 0.00054 British pounds C) 0.1837 British pounds D) 1.54 British pounds

查看解析

登录即可查看完整答案

类似问题

If one U.S. dollar equals 5.76 Egyptian pounds and one U.S. dollar equals 0.56 British pounds, how many Egyptian pounds equals one British pound? A) 10.29 Egyptian pounds B) 0.097 Egyptian pounds C) 5.200 Egyptian pounds D) 3.226 Egyptian pounds

Assume that a dollar exchange for 6 RMB. Suppose you are in China, and you see a laptop priced at 12,000 RMB. The dollar price for the Chinese laptop is approximately

If one Australian dollar is worth 0.25 U.S dollars, then one U.S dollar is worth how many Australian dollars?

Ann buys Spanish olives from Guillermo for 2.8 Euros/kilo. The exchange rate is $1 for 0.8 Euros. How many dollars per kilo does Ann pay for the olives?

Ann buys Spanish olives from Guillermo for 2.1 Euros/kilo. The exchange rate is $1 for 1.1 Euros. How many dollars per kilo does Ann pay for the olives?

Alofa from Sala'ilua buys a Harris tweed sport coat for £462 (£ are Manx pounds). 1 WS$ (Samoan tālā) = £0.31. How much WS$ will Alofa pay for his sport coat?

Guðrún has a cheese shop in Seydisfjordur and buys Manchego cheese from Paco in Galicia. Each 170-gram package of Manchego cheese costs Guðrún 7 € (euros). 1 € = 151 kr (Icelandic króna). If Guðrún buys 65 packages of cheese from Paco, how many kr will it cost her?

If a pound of coffee beans costs 85 pesos in Mexico City and 10 pesos = 35 rupees, then the same pound of coffee should cost ___ rupees in New Delhi, all other things equal.

更多留学生实用工具

考试浏览器助手

风格化写作助手

论文查重助手

文献引用助手

课堂转译助手

课堂笔记助手

Quiz搜索助手

学校历年真题

智能刷题助手

智能匹配练习

希望你的学习变得更简单