Exchange rate open tuition lecture notes Eg 2)

VDVidhi Dhakan5y ago

Hi sir, I see this video but I am still not able to get it. I have qstn that why u multiply 240000$* 9.2530?. Instead divide. I am very confused how to know when to divide and multiply?? Can you please explain me. Thanks in advance

John MoffatTutor5y ago#1

9.2530 IR = 1 R$ So 1R$ = 9.2530 IR Therefore 2 R$ = 2 x 9.2530 IR and 3 R$ = 3 x 9.2530 IR We want 240,000 R$, so this equals 240,000 x 9.2530 IR

VDVidhi Dhakan5y ago#2

I understand sir. But what if question change like instead of R$ 240000 to IR 240000 than how can I do ??

John MoffatTutor5y ago#3

9.2530 IR = 1 R$ Therefore, 1 IR = 1/9.2530 R$ So 240,000 IR = 240,000 x 1/9.2530 R$

VDVidhi Dhakan5y ago#4

Thank you so much sir. I understand your lectures. I find easy to understand. Thanks again sir.

John MoffatTutor5y ago#5

You are welcome :-)

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