Question

1.    If the exchange rate between the Indian Rupee and the Japanese Yen is ₹1 = 1.44 ¥, then 1,000 ¥ equals ₹____.

A 1,440 Correct Answer Incorrect Answer
B 144 Correct Answer Incorrect Answer
C 694 Correct Answer Incorrect Answer
D 1,400 Correct Answer Incorrect Answer
E 14,400 Correct Answer Incorrect Answer

Solution

If the exchange rate between the Indian Rupee (₹) and the Japanese Yen (¥) is ₹1 = 1.44 ¥, then 1,000 Japanese Yen (¥) would be equivalent to ₹694.44. You can calculate this by dividing 1,000 ¥ by the exchange rate:   1,000 ¥ / 1.44 (¥/₹) = ₹694.44

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