Money exchange

Money exchange

Tuesday, June 30, 2020 4:50 PM

It is given that £ € ¥ ₹ $

1a) it is given that £1 is equal to Rs 155.63. if 2% commission should be paid to
exchange Rs 500000 in to pound sterling , how much pound sterling can be
received ? Find that
Solution:
Commission rate= 2%
Let us consider, Rs x is exchanged into pound sterling
Commission amount = 2% of Rs

Total amount = Exchanged amount + commission amount
Rs 500000=

it is given by question

£1= Rs 155.63 £y

Rs

Using chain rule

2 )in 2065 Bs , £ 15 was equal to $31 and $5 was equal to Rs315. how much pound could be
exchanged for Rs 15190?
Solution
let pound could be exchanged for Rs 15190

for chan rule

£ 15 = $31
$5 = Rs315
Rs15190=£

Using chan rule

3 )in 2065 Bs , £ 15 was equla to $31 and $5 was equal to Rs 390. how much pound could be
exchanged for Rs 31200?
Solution

let pound could be exchanged for Rs 31200

for chan rule

£ 15 = $31
$5 = Rs390.

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$5 = Rs390.
Rs31200=£

Using chan rule 0

4a) In 2066 Bs , £ 52 was equal to $91 and Rs 2112 was equal to £ 16 . how many dollars($)
equal to for Rs 31200?

5) in Feb 2015 the exchanged rate are ₹100(IC)=Rs 160(Nc) and $1=Rs
100 (Nc) how many American dollars was equal to ₹80000?
Solution,
Let was equla to ₹80000
₹100(IC)=Rs 160 (Nc)

x=₹ 80000
Using chain rule

6) 10 tolas gold bought from American market ant 553 per tolsa is sold in nepal at 20% custom
duty charbed and 13% Vat . At what price should it be sold ?
Solution
Cost of 10 tolas=10

Cost including custom duty=5530+20% of 5530
=

cost including custom duty and Vat= (6636+13% Of 6636)=7496.68

7) If selling rate and the buying rate of 1 pound sterling are Rs 150 and Rs 148
respectively Gorkhe bought pound sterling for Rs 26000 and sold in next day .
What will be the profit percent if NC is devaluated by 10 %?
Solution,
Selling rate of Bank=Buying rate for Ghorkhe=Rs 150 per £

In next day , Nepali Money is devaluated by 10%
So, selling price of Ghorkhe= Buying rate bank

=Rs 148+10% of Rs 148

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=Rs 148+10% of Rs 148
=

Profit in 1 pound = SP-Cp=162 -150=12

Profit %=

Profit %=

8)
9)given that Euro 1 is equal to Rs 114.60 . An article is sold at Euro 120 and
35% profit At what price it should be sold to get 40% profit
Solution
SP=120 Euro
If 35% profit is made
SP

if 40% profit is made

SP

Sp in Rs= is sold With £3 ? Given

10)How much will be the profit if an article for

that $1=Rs100 and £1=Rs150
Solution
CP=
SP=£3=

Profit= SP-CP=450-400=50

11) 500 Baggable caps bought for 2,00,000 in Nepali Market are sold in Britain paying 5 % export tax then
150% profit was made . Find the selling price of eac cap in pound sterling {£1=Rs155.63]
Cost including export duty =2,00,000 (100+5)/100=210000
cost including export & Profit=

cost in pound=
Cost of cap=

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Cost of cap=

13) The plane fare of Nepal Airlines , from Kathmandu to
London , in Kathmandu is Rs 9000. if the ticket is
bought in London then it costs 800 Euro. Which is
cheaper and by what percent
Cost in Kathmandu= Rs 9000
Cost in London in Rs=
Cost in Kathmandu is cheaper
Difference of cost =91680-9000
Required %=1680/800

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