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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