Today, you can exchange $1 for £.5428. Last week, £1 was worth $1.88. If you had converted £100 into dollars last week you would now have a:
A) Profit of $2.05.
B) Loss of $2.01.
C) Profit of £2.01.
D) Loss of $2.05.
E) Profit of £2.05.
Correct Answer:
Verified
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