Question

Manish bought some American dolar for Rs 2,00 000. But after
four days, the Nepalese currency was devaluated in the
comparison of American dollar by 5%. Again Manich exchanged
the Nepal currency by giving American dollar in the day of
devaluation of Nepalese currency. How much does he gain or
loss? Find it.



Solve fast in copy clearly.

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Answer 1

Answer:

Manish bought total = 200000

after 4 days when Nepalese currency devaluated = 5% = that was the loss he got first

now when he exchanged American to Chinese he got the price 5% higher again ....

so overall he got loss of = 2*5 -0.25 = 9.75 %

loss = 200000*9.75/100 = 19500 (Ans)

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Answer 2

Answer:

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