Respuesta :
Laura gets $673 by selling 14g of gold.
What is selling price?
Selling price is the price or value of a money in which a person sell or give product to another person.
Example: Ram purchased TV in $120 and sell it to Shaym in $150.
$150 is the selling amount or selling price of TV by Ram.
Profit and Loss are depends on both cost price and selling price.
Given,
The price of Gold is $1346 per ounce,
and 1 oz = 28 g
Laura has 14 g of gold that is given by her uncle,
14 g = 1/2 oz = 0.5 oz
So the price of 0.5 oz of gold is
1346 x 0.5 = 673
Laura gets $673 by selling 14g of gold.
Learn more about Profit and Loss:
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