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Finding Average Velocity

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Very Short Answer Type Questions:
The price of $1 U S$ Dollar has fallen from $R s . 50$ to $R s . 48$ . Has the Indian currency appreciated or depreciated?

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Solution

Indian currency is appreciating when the price of one dollar has fallen from Rs 50 to Rs 48, as less rupees are needed to buy one dollar. It is a situation of a rise in exchange rate for Indian rupee.

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