An Indian investor purchases $US, when the exchange rate was 1 RUPEE = $.013. A year late the exchange rate is $1 =62.5 RUPEES. What was the gain or loss for the investor if his investment was 200.000 RUPEES?

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$2,600 LOSS

160 RUPEES LOSS

$37,500 LOSS

$2,600 GAIN

37.500 RUPEES LOSS

$37.500 GAIN

160 RUPEES GAIN

162,500 RUPEES LOSS

37.500 RUPEES GAIN

NOT ENOUGH DATA TO ANSWER