Question

In 2016, the cost of 2 ounces of pure gold was $2,640. How much did it cost for 1 ounce of pure gold? *

Answer 1

$1320

Explanation:

Given data

Cost of two ounces =$2,640

Let the cost of one ounce be x

So if 2 ounces cost $2,640

1 ounces will cost x

Cross multiply

2x=$2,640

Divide both sides by 2

x=$2,640/2

x=$1320