Final answer:
To convert the price of gasoline from 1.5 euros per liter to U.S. dollars per gallon, multiply by the conversion rate (assumed to be 1.2) and the conversion for liters to gallons (3.78541) to obtain approximately $6.81 per gallon.
Step-by-step explanation:
To convert the price of gasoline from euros per liter to U.S. dollars per gallon, two conversions are necessary: converting currency and converting volume. Since we are working with an estimation, we'll need to use an approximate conversion rate for euros to dollars as well as the exact conversion from liters to gallons.
First, let's assume the conversion rate from euros to U.S. dollars is 1 euro = 1.2 U.S. dollars (please note that this rate changes over time and should be checked for current accuracy).
Next, we know that 1 gallon is approximately equal to 3.78541 liters. Therefore, to convert the price from euros per liter to U.S. dollars per gallon, we can follow these steps:
Convert the price from euros to U.S. dollars: 1.5 euros × 1.2 U.S. dollars/euro = 1.8 U.S. dollars.
Convert liters to gallons: 1.8 U.S. dollars/liter × 3.78541 liters/gallon = 6.813738 U.S. dollars/gallon.
Round the final amount to obtain a typical gasoline price format: approximately $6.81 per gallon.
This price conversion is critical for understanding how the costs of goods like gasoline differ internationally. Such conversions are invaluable when comparing economic data cross-countries or when traveling and dealing with different currencies and measurement units.