Ten > Currency and Exchange Rate
A man exchanged some Canadian dollars of NRS. 9,72,000 at the exchange rate of 1 CAD ($) = NRS. 97.20 to visit Canada. He canceled his tour due to his health problem, so he exchanged his dollars to Nepali rupees after a week. On that day Nepali currency was devaluated by 2%.
- How manyh Canadian dollars did he exchange in the beginning? Find it.
- Find the new exchange rate after devaluation of Nepalese currency.
- How much amount did he gain during these transactions? Find it.
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