Before Mr. and Mrs. Percival left for Great Britain, they purchased British pounds at an exchange rate

Question:

Before Mr. and Mrs. Percival left for Great Britain, they purchased British pounds at an of C$1.795 = £1.00. When they returned to Canada eight weeks later they converted their remaining £242 back to Canadian currency at the rate of C$1.832 = £1.00. How much did they gain or lose in Canadian dollars on the round-trip transaction involving the £242? Exchange Rate
The value of one currency for the purpose of conversion to another. Exchange Rate means on any day, for purposes of determining the Dollar Equivalent of any currency other than Dollars, the rate at which such currency may be exchanged into Dollars...