Gold has a specific gravity of almost 20. If a quart-sized container of water we

Question

Gold has a specific gravity of almost 20. If a quart-sized container of water weighs 2 pounds, then a quart-sized container of gold weighs ---------------------------- pounds. (For x, type only numerals.)

The price of gold is presently above $1500 per ounce (and there are 16 ounces per pound). For calculations in this question, use the round-value $1000 per ounce (to make the calculations very easy).
At the price of $1000 per ounce, the value of the quart-sized container of gold would be-------------------dollars. (For y, type only numerals and a comma if needed.)

Explanation / Answer

Specific gravity of gold= 20 times of water( specific gravity of water is 1)

If quart sized container of water weighs =2 pounds

then quart sized container of gold weighs=20*2= 40 pounds

if there are 16 ounces per pound

For 40 pounds=16*40=640 ounce

Given price of gold=$1000/ounce

Now for 640 ounce=$6,40,000

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