14 years ago 14 years ago

Forex Quotation Illustration 13

by Score Tutorial 14 years ago14 years ago

864views

Forex Quotation Illustration 13

Following are the quotes given by a banker at Mumbai, identify whether the quote is direct or indirect quote. Compute the direct quote for indirect quote and vice versa.

a) 1$ = 45.85

b) 100 = UK £ 1.2312

c) 100 = € 1.7850

d) 100 = US $ 2.2002

e) 1 ¥ = 0.4129

(Ans.: (a) Direct, 2.1810$/100 (b) Indirect, 81.22 /£, (c) Indirect, 56.0224/€, (d) Indirect, 45.45/$, (e) Direct, 2.42 ¥/)

Posted by Score Tutorial

S’COrE Education is a professional coaching institute to coach for new generation courses. S’COrE has highly experienced faculty with enormous experience and achievement in teaching and industry. We teach each subject in such a manner that even complicated subject feels simple. This helps student to S’COrE-the-Max. Since 1998 S’COrE had university toppers accross courses and subjects. Once you are our student you will also believe S’COrE - the - Best !!

8 Comments

Cancel reply

You must be logged in to post a comment.

Forex Quotation Illustration 13

Like it? Share with your friends!

8 Comments

Facebook comments: