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If gold is 250 an ounce and you weigh 70 lbs how much are you worth in gold?
Wiki User
∙ 10y ago
Can be different answers depending on units. Is the gold 1 oz Imperial or 1 Troy Ounce?
First, if assuming 1 Troy Ounce:
$250 in USD
1 Troy Ounce (Precious Metals are usually measured in Troy Ounce in US)
70lbs Imperial (People [in US] are measured in Imperial Pounds)
70 Imperial Pounds with 1 Troy Ounce of gold being $250 USD:
1 Troy Ounce is 1.097 ounces (Imp.)
70lbs (Imp.) = 70*16oz(Imp.)=1120 oz (Imp.)
1120 oz (Imp.) = 1120(Imp.)/[1.097oz(Imp.)/1Troy Ounce]= 1021 Troy Ounces (round up)
70lbs (Imp.) of gold = 1021 Troy Ounces * [$250 (USD)/1 Troy Ounce]=$255,250
At $250 USD per troy ounce, a 70lbs (Imp.) person is worth $255,250 (USD) in gold
Second if assuming 1 ounce Imperial:
$250 in USD
1 Imperial ounce (meaning 1/16th of an imperial pound)
70lbs Imperial (People [in US] are measured in Imperial Pounds)
A 70lb (Imperial) person with 1 ounce (Imperial) of gold being $250 USD:
16oz(Imp.)=1lb(Imp.)
70lbs(Imp.)=16ounces(Imp.) * 70lbs(Imp.)=1120 oz (Imp.)
$250 USD * 1120 oz (Imp.)= $280,000(USD)
70lbs(Imperial) of gold = $280,000(USD)
At $250 USD per imperial ounce, a 70lbs (Imp.) person is worth $280,000 (USD) in gold
Wiki User
∙ 10y ago
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