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An Indian investor purchases $US, when the exchange rate was 1 RUPEE = $.013. A year late the exchange rate is $1 =80 RUPEES. What
An Indian investor purchases $US, when the exchange rate was 1 RUPEE = $.013. A year late the exchange rate is $1 =80 RUPEES. What was the gain or loss for the investor if his investment was 200.000 RUPEES?
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