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kalyani

· started a discussion

· 1 Months ago

option C (Question: 101371.2 )

1usD=1.4633CAD
For 1000 USD, can buy 14633CAD.
1CAD=1.1146AUD
So for 14633 CAD,
14633*1.1146AUD can buy.

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
A traveller from the US buys Canadian dollars by converting 1000 US dollars. He converts all of them into Australian Dollars in Australia. How many Australian dollars does he have:
Options:
A) 897 AUD
B) 1453.80 AUD 
C) 1631.15 AUD 
D) 1114.60 AUD 
E) 1312.70 AUD
Solution:
1000 × 1.4633 × 0.8971 = 1312.70 AUD.

ABHII

· commented

· 1 Months ago

Dear Student, explanation has been provided.Do re-read it.Keep Learning with Us.
Best Wishes.
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