Question

Please help me with this problem!!!


The buying and selling rates of U.S. dollar ($) in a day are Rs 115.25 and Rs 116.5 respectively. How many dollars should be bought and sold to have the profit of $ 10 ? Find it.​

Answer 1

First you find the profit:
116.5-115.25= 1.25
10/1.25=8
8 should be sold