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An Australian toys wholesaler has imported toys from India and will pay 1 million Indian rupees (INR) in one year. The toys wholesaler expects that
An Australian toys wholesaler has imported toys from India and will pay 1 million Indian rupees (INR) in one year. The toys wholesaler expects that the value of the INR will depreciate by 24.11% against the Australian dollar from todays spot rate of 0.2700 in one year. How much Australian dollar the toys wholesaler will make a profit or loss due to depreciation of INR after one year? (enter the whole number with no sign or symbol)
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