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Question

The rupee value increases to Rs.35 for a US Dollar, and all other things including quality, remain the same. What is the approximate difference in cost, in US Dollars, between Singapore and India for a Royal Enfield, taking change into account?

A
700
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B
2500
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C
4500
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D
8000
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E
No difference
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Solution

The correct option is B 2500

option (b)

Cost of Royal Enfield in India = (5500*40.928)/35 = 6431.55 = 6432 USD.

Royal Enfield cost in Singapore = 9000 USD. Thus required difference = 9000-6432 = 2568 USD = 2500 USD.


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