What's the cost of the Item in INR ???????

Number Theory Level pending

When Tejashv Purchased an item online from Australia for AUD 350.00, the exchange rate was 1000 INR for AUD 17.50. (AUD =Australian Dollar). Tejashv's bank charged him 1.5 % for transaction...

The total cost for the item was (Answer is in above 1000) Give answer in INR


The answer is 20300.

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2 solutions

Soumya Mitra
Mar 19, 2014

you dont know and posted the wrong answer its 20300 not 23000 and its psa's question anyway changing udya'ss name wont effect the question psa's option were wrong so as your answer

wrong answer, i think. it's must be 20300

Liftmeup Nguyen - 7 years, 2 months ago

Thanks, I've updated the answer to 20300.

In future, if you submit a report, that will allow us to quickly correct such issues.

Calvin Lin Staff - 7 years ago

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@Calvin Lin , I reported it yesterday and today I got an email notifying the change. Thanks!! This problem had brought down my number theory rating from level 4 to level 3. Will I get my points back?

Shabarish Ch - 7 years ago

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When we corrected the attempt, we also updated ratings.

Calvin Lin Staff - 7 years ago
Vishal Mishra
Mar 9, 2014

Asked a problem from PSA paper 2014 answer is 20,300 if it is 15% then we get 23000. Solve for one Australian dollar and multiply by 350 and then calculate cost by multiplying by 101.5% .

This problem is i n c o r r e c t incorrect as the rate is given 1.5% but the answer comes from 15%.

mietantei conan - 7 years, 2 months ago

This problem makes all who attempt to answer it do a facepalm.

Kino Consul - 7 years, 2 months ago

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