Thursday, February 2, 2012

1 milligram of gold is worth about one cent, but 1 kilogram of gold is about $12,500?

how can this be possible, hmmm?

i located this fact in my chemistry book and started wondering how this could be true...

it is in 9.3 in the textbook.

here is the website:

http://www.phschool.com/webcodes10/index鈥?/a>

name of the book is: Prentice Hall Chemistry



I wonder if I could buy 1,000 separate milligrams of gold and smelt the gold to make a kilogram bar, then sell the bar...



if this plan actually works, I could be rich!1 milligram of gold is worth about one cent, but 1 kilogram of gold is about $12,500?
You got your units wrong. One kilogram is a *million* milligrams. Using that pricing, to get a kilogram of gold out of milligram bars, you'd need to spend $10 000



The discrepancy is simply due to rounding errors. You couldn't actually get any money out of it.1 milligram of gold is worth about one cent, but 1 kilogram of gold is about $12,500?
do you under stand out metric ratios work? a milligram is 1/1000 of a gram while a kilo gram is 1000 grams



there for a kilogram is 1000 grams or 1000000 milligrams1 milligram of gold is worth about one cent, but 1 kilogram of gold is about $12,500?
1000 milligrams of gold is 1 gram of gold.



But, $0.01 x 1000 x 1000 (which is now in kg) is $10,000 which is still cheaper for some reason.
Yes

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