if the foreign exchange rate is N80 to £1, then a bicycle bought for £40

ECONOMICS
WAEC 1994

if the foreign exchange rate is N80 to £1, then a bicycle bought for £40 will cost

  • A. N15.00
  • B. N60.00
  • C. N100.00
  • D. N320.00

Correct Answer: D. N320.00



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