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FIN207 Financial Management

Financial ManagementTU Board 2023

Suppose you have USD 10,000 and want to sell in Kathmandu Exchange Center where exchange rate is NPR 133.33 per USD. How much Nepali Rupees do you receive with change of USD 10,000?

2

Answer

· Based on the official syllabus and past papers
Updated

To determine the amount of Nepali Rupees (NPR) received when selling USD 10,000 at the given exchange rate, follow these steps:

  1. Identify the exchange rate: The exchange rate is NPR 133.33 per USD.

  2. Calculate the total NPR received: Multiply the amount in USD by the exchange rate:

  3. Final amount: You will receive NPR 1,333,300 when selling USD 10,000 at the given exchange rate.

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