Question

(It is given that 1 American dollar = Rs. 110. If the
Nepali currency is devaluated by 10% at this rate,
how many American dollars can be exchanged with
NRs. 3,99,300.)

​

Answer 1

Answer:

4033.33 USD

Step-by-step explanation:

if the value of 1 dollar is 110 and is devaluated by 10% it will be Rs. 99.

Then you divide the current value of USD (Rs. 99), by 399300, you get 4033.33 USD.

Answer 2

Answer:

• The given exchange rate is 1 American dollar = Rs. 110.
• The Nepali currency is devalued by 10%, which means its value has decreased by 10% relative to the US dollar.
• To find out how many American dollars can be exchanged with NRs. 3,99,300 after the devaluation, we need to first calculate the new exchange rate
• The new exchange rate can be calculated by multiplying the old exchange rate by (100% - 10%) = 90%, which gives us:
• New exchange rate = 1 American dollar / (110 * 0.9 Nepali rupees)
• = 1 American dollar / 99 Nepali rupees
• Now we can use this new exchange rate to calculate how many American dollars can be exchanged with NRs. 3,99,300:
• Number of American dollars = NRs. 3,99,300 / 99
• = $4,039.39

Therefore, after the 10% devaluation of the Nepali currency, $4,039.39 can be exchanged with NRs. 3,99,300.

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