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Problem:

Assume the exchange rate between US dollar and Indian Rupee is 60 Rupees = $1, and exchange rate between dollar and British pound is 1 Pound = $1.50.

Required:

Question 1: What is the exchange rate between the Rupee and pound?

Question 2: Is the answer 90 Rupees to 1 Pound?

Please provide full description and show your all calculation

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M91146484

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