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Verizon [17]
2 years ago
12

A person bought some Australian dollar of NRs 1,50,000 according to the exchange rate. Australian dollar 1 = NRs 77.02. After fi

ve days, in compare to Australian dollar the Nepali currency is devaluated by 5%. What is the profit or loss of that person when he exchanged the dollors he had into Nepali rupees again in that day? Find it.​
Mathematics
1 answer:
AlekseyPX2 years ago
5 0

Answer:

  5.26% profit (NRs 7,894.24)

Step-by-step explanation:

The exchange of 1,50,000 NRs to A$ will give ...

  A$ 1/(NRs 77.02) = x /1,50,000

  x = A$ 1,50,000/77.02 = A$ 1947.54 . . . . . (rounded down)

If the Nepali rupees are devalued by 5%, then what did buy A$ 1 will now buy only A$ 0.95. Then the exchange back to NRs will give ...

  (NRs 77.02)/(A$ 0.95) = x/(A$ 1947.54)

  x = NRs (1947.54)(77.02/0.95) = NRs 1,57,894.24

The effective profit is the difference from the amount initially exchanged, NRs 7,894.24, or ...

  (1,57,984.24/1,50,000 -1) × 100% ≈ 5.26%

__

<em>Additional comment</em>

Except for the loss in the exchange due to rounding down, the profit would be 1/0.95 -1 = 5.2632%. Instead, it is 5.2628%. This is why investors move their money to investments that retain their value when the local currency is losing its value.

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Molly has a jar containing 4 yellow, 3 blue, 3 green, and 2 orange marbles
NeTakaya

Answer: .111 with a bar notation over the last 1 or 11.1%

Step-by-step explanation:

There are 12 marbles in total. There are 4 yellow marbles. Therefore there is a 4/12 probability of Randomly picking a Yellow marble the first time . Since she placed the marble back, there is a 4/12 probability of getting a yellow marble the 2nd time.

(4/12)(4/12) = 16/144 = 1/9 = .111 with a bar notation over the last 1 or 11.1% (about 11%)

6 0
3 years ago
The length of a rectangle is twice its width. if the perimeter is 72 meters, find the length and width of the rectangle
madam [21]
Length(l)= 2w
width(w)= w

Perimeter(P)= 2w+2l= 72 (simplify expression: divide each side by 2 )
P= w+l= 36 (plug in "2w" for "l")
P= w+(2w)= 36
P= 3w= 36 (divide each side by 3 to find the width)
w= 12 units

find length:
l=2w
l= 2(12)
l= 24 units

Answer:
The length of this rectangle is 24 units and the width is 12 units.
6 0
3 years ago
Draw or write two ways to use a doubles fact to find 6+7
PtichkaEL [24]
Here are a few doubles facts:

5+5=10
2+2=4
3+3=6

A double is simply a pair of identical numbers added together. There's a pair of doubles you can <em>subtract </em>1 from to get 6+7, and there's a pair you can <em>add</em> 1 to get the same answer. What are those pairs?

Hint: If you take the example 3+4, you can either <em>subtract 1</em> from the double 4+4 or <em>add 1</em> to the double 3+3 to obtain your answer.
4 0
3 years ago
Are the 1.5% and 1.5 the same?
maksim [4K]

Answer:

1.5 % is same as 1.50

explanation:

because 1.5 means that the equipment used to measure the number could not measure .It's equal, 1.50 is the same thing just with an added zero.

4 0
3 years ago
Solve for x and write your answer in simplest form.<br><br> -1/2 -1/2(4/5x+1) = -2 -3x
dimaraw [331]

The solution of the equation which is as described in the task content when expressed in its simplest form is; -5/13.

<h3>What is the solution of the equation as described in the task content?</h3>

It follows from the task content that the solution to the equation is to be determined and expressed in its simplest form.

Given;

-1/2 -1/2(4/5x+1) = -2 -3x

By distributing the coefficients: we have;

-1/2 - 2/5x - 1/2 = -2 -3x

Hence, by collecting like terms; we have;

-1/2 - 1/2 + 2 = -3x + (2/5)x

1 = -13x/5

Therefore; by cross-multiplication; we have;

5 = -13x

Divide both sides by; -13.

x = -5/13.

Ultimately, the solution of the equation which is as described in the task content when expressed in its simplest form is; -5/13.

Read more on solution of an equation;

brainly.com/question/10839449

#SPJ1

4 0
1 year ago
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