Asked by Tori
Ravi has started a business importing handwoven and embroidered linen from India. His Indian supplier charges him 460 rupees per meter for the fabric. He wants to make a profit of $4 per yard. How much must Ravi charge per yard for the imported fabric? Use the following information:
1 dollar = 57.3 rupees
1 meter = 1.09 yards
1 dollar = 57.3 rupees
1 meter = 1.09 yards
Answers
Answered by
Steve
Just multiply by 1 till you get the units you desire.
R460/m * $1/R57.3 * 1m/1.09yd = $7.37/yd
R460/m * $1/R57.3 * 1m/1.09yd = $7.37/yd
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