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During a certain period of the year, the rate were as follows 1 Sterling pound = Ksh 102.00 1 Sterling pound = 1.49 US dollar 1 US dollar = Ksh 60.60

      

During a certain period of the year, the rate were as follows
1 Sterling pound
= Ksh 102.00
1 Sterling pound
= 1.49 US dollar
1 US dollar = Ksh 60.60

A school management intended to import textbooks worth sh 500 000 from U.K. It changed the money to sterling pound. Later the management found out that the books were cheaper in U.S. Hence it changed the sterling pounds to dollars. Unfortunately a financial crisis arose and the money had to be reconverted to Kenya Shillings. Calculate the total amount of money the management ended up with.

  

Answers


John
1 Sterling Pound = sh 102

? = sh 500 000

$\frac{500 000}{102}$ = 4 901.96 Sterling pounds

1 Sterling pound = 1.49 dollars

4 901.96 = ?

4 901.96 x 1.49 = 7 303.92

U.S Dollars

1 U.S Dollar = sh. 60.60

7 303.92 U.S Dollar = ?

7 303.92 x 60.60 = 442 617.55 Ksh
johnmulu answered the question on June 9, 2017 at 06:20


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