However, by 2017 the value of the rupee will decline by 10 percent.
£1 will now be worth a higher amount of rupees.
In terms of pounds in 2017, we have, £0.9 = Rs. 42 (new rupees)
£1 = 42/0.9 = Rs. 46.6
Hence, option (a)
<p> (a) In 2016, £1= Rs. 42 (old rupees)</p><p>However, by 2017 the value of the rupee will decline by 10 percent.</p><p>£1 will now be worth a higher amount of rupees.</p><p>In terms of pounds in 2017, we have, £0.9 = Rs. 42 (new rupees)</p><p>£1 = 42/0.9 = Rs. 46.6</p><p>Hence, option (a)</p>
This website uses Cookies and related technologies for the site to function correctly and securely, improve & personalise your browsing experience, analyse traffic, and support our marketing efforts and serve the Core Purpose. By continuing to browse the site, you agree to Privacy Policy and Cookie Policy.