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gilly2303 | 14:02 Mon 07th Dec 2020 | Quizzes & Puzzles
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Jen exchanged her savings into dollars when one dollar was worth 74c. Then when one dollar was worth 84c, she exchanged her dollars back into Euros, making a profit of €130 in the process. Assuming that she did not pay any commission, what was the value in Euro of Jen's original savings?
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£1170?
Original amount = €962
€962/74c -> $1300
$1300 x 84c -> €1092
€1092 - €962 = €130

So original capital is €962
I also got 962.
84x13
A 10 cent increase per $ = €130, or €13 for each cent. The original amount was therefore 74 x €13 = €962.
I can't believe I wrote that!
I meant 74x13

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