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1. If Tk./$=68 and Tk./E =102, then cross rate of E/$ is equal to :
- A. 3/2
- B. 3/2
- C. 3/2
- D. 3/2
Answer: Option B
Explanation:
here, Tk./$ = 68
so, $ = 1/68 tk
and Tk./E = 102,
so, E = 1/102 tk
then cross rate of E/$ is = (1/102) / (1/68)
= 2/3
ans: 2/3
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