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Answers
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D
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Difficulty—
An importer wants to purchase N high quality cameras from Germany and sell them in Japan. The cost in Germany of 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[(Y/C) - E]
(D) N[(Y/C) - DE]
(E) ND(Y - E)/C
OA C
Source: Magoosh
(A) N(YC - DE)
(B) ND(YC - E)
(C) ND[(Y/C) - E]
(D) N[(Y/C) - DE]
(E) ND(Y - E)/C
OA C
Source: Magoosh
