Question
The rupee value increases to Rs.35 for a US Dollar, and all other things including quality, remain the same. What is the approximate difference in cost, in US Dollars, between Singapore and India for a Royal Enfield, taking change into account?
Answer: Option B
:
B
Was this answer helpful ?
:
B
option (b)
Cost of Royal Enfield in India = (5500*40.928)/35 = 6431.55 = 6432 USD.
Royal Enfield cost in Singapore = 9000 USD. Thus required difference = 9000-6432 = 2568 USD = 2500 USD.
Was this answer helpful ?
More Questions on This Topic :
Latest Videos
Latest Test Papers
Submit Solution