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Before Mr and Mrs

Question 104

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Before Mr. and Mrs. Percival left for Great Britain, they purchased British pounds at an exchange rate of C$1.795 = ≤1.00. When they returned to Canada 8 weeks later they converted their remaining ≤242 back to Canadian currency at the rate of C$1.832 = ≤1.00. How much did they gain or lose in Canadian dollars on the roundtrip transaction involving the ≤242?

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