Plz I need this quiz A Kenyan businessman bought a car from Japan worth 2,950,000 Japanese yen. On arrival in Kenya custom duty of 30% was charged on the value of the goods.
If the exchange rates were as follows:
1 US dollar = 124 Japanese Yen
1 US dollar = 87 Kenya shillings
Calculate the duty paid in Kenya shillings
Kenyan businessman bought goods from Japan worth 2, 950 000 Japanese yen. On arrival in Kenya custom duty of 20% was charged on the value of the goods. If the exchange rates were as follows:
1 US dollar = 118 Japanese Yen
1 US dollar = 76 Kenya shillings
Calculate the duty paid shillings
Yen to US Dollar
1 US Dollar = $25000
= 76 × 25000 = Kshs 1900000
20 %× 1900000= Ksh 380000
is this correct?
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