Hira bought some American dollars of Rs. 220000 at the rate of $1=NRs.110. After few days in compare to American dollar, Nepali currency was revaluated by 10%.What was the profit or loss of Hira when he exchanged American dollar he had into Nepali rupees again on that day.Find it.
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Answer:
profit of Rs 22000
Step-by-step explanation:
actual money converted = Rs 220000
since currency gor revaluated by 10%
therefore profit becomes = 10/100 × Rs220000
= Rs 22000
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