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Options
- A
Profit of 5.9%
- B
Loss of 5.9%
-
Loss of 3.2%
Correct answer
- D
Profit of 4.75%
Why this is the answer
USD invested = 187,500 / 75 = 2,500 USD, Value after 10% gain = 2,500 × 1.10 = 2,750 USD, Value in INR on repatriation = 2,750 × 66 = Rs 181,500, Loss % = (187,500 - 181,500) / 187,500 × 100 = 3.2% loss
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