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A Kenyan bank buys and sells foreign currencies at the exchange rates shown below

A Kenyan bank buys and sells foreign currencies at the exchange rates shown below
q13882019916.png
An American arrived in Kenya with 20,000 Euros. He converted all the Euros to Kenya shillings at the bank. He spent Ksh 2510200 while in Kenya and converted the remaining Kenya shillings into US dollars at the bank. Find the amount in Dollars that he received.

Answers

Wilfred
Amount of Kshs = 2000 x 147.50
= 2,951,200
Balance 2,951,200 – 2,510,200
= Ksh 441000
q13a882019916.png
Wilfykil answered the question on August 8, 2019 at 06:18

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