heloo sir! can you please assist on determining percentage change on exchange rate basing on information given below?
The exchange rate between the Ceeland Dollar (C$) and the Veeland Dollar (V$) is predicted to change at the beginning of Q2 to C$1·00 buys V$1·50. For several years up to the end of Q1, C$1·00 has been equivalent to V$1·40 and this exchange rate has been used when producing the current year budget.