A Hamburger Costs $1

question 64

Multiple Choice

A hamburger costs $1.79 in New York and €2.54 in Paris. If the exchange rate is $0.93 per euro, what price difference exists in terms of the European currency?

• A) The hamburger sells for €0.13 less in New York.
• B) The hamburger sells for €0.13 more in New York.
• C) The hamburger sells for €0.62 less in Paris.
• D) The hamburger sells for €0.62 more in Paris.
• E) The hamburger sells for the same price in both cities.

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