Practicing Success
If the exchange rate is Rs 80 for a dollar, what would be the cost of a shirt of Rs 800 in US dollar ? |
$100 $10 $8 $0.8 |
$10 |
The correct answer is option (2) : $10 Exchange rate is ₹80 for a dollar, Cost in US dollars =$\frac{ (\text{Cost in Indian Rupees})}{(\text{Exchange Rate} )}$ Cost in US dollars = (800 INR)/ (80 INR/ USD ) = 10 USD So, the cost of the shirt is **$10** in US dollars. |