A plc receives $100,000 from a customer in the US. The exchange rate is $/£ 1.6250 – 1.6310. How many £’s will A plc receive?

To determine how many £'s A plc will receive, we need to convert the $100,000 into £ using the given exchange rate of$/£ 1.6250 - 1.6310.

Step 1: Find the average exchange rate The given exchange rate range is $/£ 1.6250 - 1.6310. To find the average exchange rate, we add the two rates and divide by 2: (1.6250 + 1.6310) / 2 = 1.6280

Step 2: Convert dollars to pounds To convert $100,000 to £, we divide the amount by the average exchange rate: £ =$100,000 / 1.6280

Calculating this, we find that A plc will receive approximately £61,464.59.