Today, You Can Exchange $1 for £0

Today, you can exchange $1 for £0.5087. Last week, £1 was worth $1.9582. How much profit or loss would you now have if you had converted £100 into dollars last week?

A) loss of ₤0.57
B) loss of ₤0.39
C) loss of ₤0.07
D) profit of ₤0.23
E) profit of ₤0.59