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Juhaina went last summer to Spain to spend few weeks with her sister in Barcelona. Juhaina exchanged US $800 into 660 European Euros. When returning
Juhaina went last summer to Spain to spend few weeks with her sister in Barcelona. Juhaina exchanged US $800 into 660 European Euros. When returning to Palestine, she exchanged the remaining 60 European Euros into US $75. What amount of gain or a loss did Juhaina experience on the 60 European Euros she held during her visit and converted to U.S. dollars when she arrived back to Palestine?
Select one:
a. Loss of $5.
b. Loss of $2.
c. No gain or loss.
d. Gain of $2.
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