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Exchange Gains

The document shows exchange rates and currency amounts for dollars and rupees. It calculates exchange gains of $2 from converting $10 at old and new rates of 10 and 12 rupees to the dollar. It also calculates holding gains of 220 rupees from converting 100 dollars at the new rate of 110 rupees to the dollar compared to the old rate. The total gains calculated are 320 rupees from the exchange and holding gains.

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Ahmed Raza Mir
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32 views1 page

Exchange Gains

The document shows exchange rates and currency amounts for dollars and rupees. It calculates exchange gains of $2 from converting $10 at old and new rates of 10 and 12 rupees to the dollar. It also calculates holding gains of 220 rupees from converting 100 dollars at the new rate of 110 rupees to the dollar compared to the old rate. The total gains calculated are 320 rupees from the exchange and holding gains.

Uploaded by

Ahmed Raza Mir
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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Price

Conver
Amount
10
100
1,000
12
110
1,320
Total Gains
320
Exchange Gain
Holding Dollor price constant
Dollors
Old rate
New rate

$ 10
100
110 Rs 10

Exchnage gains
FV gains
Old FV
New FV
Change

100

10 USD
12 USD
2

Multiply it by latest rate

220 Rupees

Total Gains

320

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