Question

If gold is currently trading at $600.00/oz and you have a gold coin worth $5,400.00, how much does the coin weigh?

Answer 1

9 oz is a worth now so answer is A.

Answer 2

9 ounces.

Explanation:

We have been given that gold is currently trading at $600/oz and you have a gold coin worth $5,400.

To find the weight of coin, let us divide weight of coin by value of coin per ounce.

`\text{The weight of coin}=\frac{\$5400}{\frac{\$600}{\text{ oz}}}`

`\text{The weight of coin}=\$5400*\frac{\text{ oz}}{\$600}`

`\text{The weight of coin}=9\text{ oz}`

Therefore, the coin weighs 9 ounces.