Starting with an exchange rate of $1 = 114 and a price tag of 10,000 for a

Question:

Starting with an of $1 = ¥114 and a price tag of ¥10,000 for a Japanese good, show what happens to the price of the good if the yen depreciates by 5 percent.
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...