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Krishna

· started a discussion

· 1 Months ago

I am not able to see the whole table.Please make fit correct. Only half of the table is visible in app.

Question:

DIRECTIONS: Answer the questions on the basis of the information given below:


The table below gives the currency rates of different currency in the countries listed. The value in each cell given the amount of local currency (country) you will receive in exchange of 1 unit of the currency in the column.



USD - US Dollar                                                                                

CAD - Canadian Dollar                   

ITL -  Italian Lira                                                                                                

CHF - Swiss Frane                            

AUD - Australian Dollar

FRF - French Franc          

JPY - Japanese Yen

AED – Dirham

GBP - British Pound

DEM - Deutsche Mark

SGD - Singapore Dollar
As compared to the Canadian dollar, the Australian dollar is expensive by what % in the US?
Options:
A) 18%
B) 12%
C) 11.5% 
D) 14%
E) 24%
Solution:
\(\cfrac{1.6311-1.4633}{1.4633}\)   =11.5%

Knowledge Expert

· commented

· 1 Months ago

Dear student.
We resolved it

Best wishes
Team TR

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