By selling a TV for Tk.29,500 instead of Tk.30,000,the profit decreases by 10%. What is the cost of the TV in Taka?

A 25000

Correct Answer: 25000

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Bissoy MCQ

Related Questions

The exchange rate is the ruling official rate of exchange of Taka for other currencies. It determines the value of Bangladeshi goods in relation to foreign foods. If the Taka is devalued in terms other currencies Bangladeshi exports (which are paid for in Taka ) become cheaper to foreigners and Bangladeshi imports become more expensive to holders of Taka. What conclusion can be drawn form the information above?

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