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Global Stats
An importer wants to purchase \(N\) high-quality cameras from Germany and sell them in Japan. The cost in Germany for each camera is \(E\) euros. He will sell them in Japan at \(Y\) yen, which will bring in a profit, given that the exchange rate is \(C\) yen per euro. Given the exchange rate of \(D\) US dollars per euro, which of the following represents his profit in dollars?
(A) \(N(YC - DE)\)
(B) \(ND(YC - E)\)
(C) \(ND\left(\dfrac{Y}{C} - E\right)\)
(D) \(N\left(\dfrac{Y}{C} - DE\right)\)
(E) \(\dfrac{ND(Y - E)}{C}\)
Answer: C
Source: Magoosh
(A) \(N(YC - DE)\)
(B) \(ND(YC - E)\)
(C) \(ND\left(\dfrac{Y}{C} - E\right)\)
(D) \(N\left(\dfrac{Y}{C} - DE\right)\)
(E) \(\dfrac{ND(Y - E)}{C}\)
Answer: C
Source: Magoosh
