Question

Xud. Makes an import of US$ 1.500 on 1st
April
, 2007. The exchange rate on 1st April
2007 s US $ 1= 49​

Answer 1

Answer:

Total value of the Imports in Domestic currency = Rs.73500

Explanation:

The Given Question is incomplete and the question can be;

Question:

Xud. Makes an Import of US$ 1500 on 01-04-2007. The exchange rate on 01-04-2007 is US$1 = Rs.49. Calculate the value of Inventory in domestic currency.

Given:

1. Value of the import in Foreign Currency as on 01-04-2007 is equal to US$1500
2. Exchange rate as on 01-04-2007 is US $1 = 49
3. Value of Imports in Domestic currency = US$ 1500 × Rs.49 i.e. Rs.73500