The exchange ratio of a certain foreign currency with the Indian Rupee is 1 to 62 point 50 how much of the foreign currency can be bought for rup yhees 3125 mo
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Solution
Solution -: We are given In 62.50 we can buy 1 foreign currency
in 1 re we can buy 1/(62.50) foreign currency
In 3125 we can buy 3125/62.50 = 50 foreign currency.