2013 Pascal Problem 9

Owen spends \$1.20 per litre on gasoline. He uses an average of 1 L of gasoline to drive 12.5 km. How much will Owen spend on gasoline to drive 50 km?

\textbf{(A)}\ \$4.80\quad \textbf{(B)}\ \$1.50\quad \textbf{(C)}\ \$4.50\quad \textbf{(D)}\ \$6.00\quad \textbf{(E)}\ \$7.50

If there are no answer choices shown, enter a numerical answer.

Full credit to this problem is given to the CEMC, you may view all Pascal contests here.