The exchange rate is 1 US dollar = Rs. 350. How many rupees are received for US dollars?
Answer and explanation
Correct answer: B. Rs. 52,500
- Step 1: Multiply the dollars by the rate: .
- Step 2: .
Answer
Rs. 52,500.
Why not the others: Rs. 2.33 is what you get if you divide the rate by the dollars. Rs. 500 is what you get if you add the numbers. Rs. 5,250 is what you get if you move the decimal point wrongly.
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