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Please tell the answer with full explanation

Please tell the answer with full explanation-example-1

1 Answer

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1st exchange:
1 pound = $3.92
20,000 pound x 3.92 = $78,400

2nd exchange:
1 pound = $3.50

78,400 / 3.50 = 22,400 pounds

22,400 - 20,000 = 2,400 pound profit



answered
User Bastien Robert
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