Question

An investor starts with 1 million and converts it to 0.75 million pounds. What is the amount of money the investor has after the conversion?

1) 0.75 million
2) 1 million
3) 0.25 million
4) 1.25 million

Answer 1

After the conversion of 1 million U.S. dollars to British pounds, the investor has 0.75 million pounds.

Step-by-step explanation:

The question involves the conversion of currency from one unit to another. An investor converts their funds from U.S. dollars to British pounds. The question asks what the amount of money the investor has after the conversion is.

If the investor starts with 1 million U.S. dollars and converts it all into British pounds at an unspecified exchange rate and ends up with 0.75 million pounds, then the answer to the question is 0.75 million pounds, which is the amount after the conversion.

No other operations, such as further conversions or investments, have been described in the scenario presented in the question.