QUESTION:

Suppose in 2007 the AUD/GBP exchange rate was 1.4 (that is, 1.4AUD buys 1GBP), how much did Federici Gold pay for Hawker Metals in GBP?

NEXT

We recommend practicing these tests under real timed test conditions. Take a free timed numerical test right now.

Correct Answer: b)

EXPLANATION:

First, find how much Federici Gold paid in AUD:

$50*(1+0.15)*85%=$48.875M


Convert the amount paid to British Pounds:

$48.875/1.4=£34.92M

Numerical reasoning tests
Diagrammatic reasoning tests
Verbal reasoning tests
Privacy Policy | Terms & Conditions | Copyright Statement
© Copyright 2024 GradTests. All rights reserved.

Warning: Use of undefined constant count - assumed 'count' (this will throw an Error in a future version of PHP) in /home/gradtest/public_html/application/models/Test.php on line 73

Warning: sizeof(): Parameter must be an array or an object that implements Countable in /home/gradtest/public_html/application/models/Test.php on line 73

Warning: Use of undefined constant count - assumed 'count' (this will throw an Error in a future version of PHP) in /home/gradtest/public_html/application/models/Test.php on line 73

Warning: sizeof(): Parameter must be an array or an object that implements Countable in /home/gradtest/public_html/application/models/Test.php on line 73

Warning: Use of undefined constant count - assumed 'count' (this will throw an Error in a future version of PHP) in /home/gradtest/public_html/application/models/Test.php on line 73

Warning: sizeof(): Parameter must be an array or an object that implements Countable in /home/gradtest/public_html/application/models/Test.php on line 73

Warning: Use of undefined constant count - assumed 'count' (this will throw an Error in a future version of PHP) in /home/gradtest/public_html/application/models/Test.php on line 73

Warning: sizeof(): Parameter must be an array or an object that implements Countable in /home/gradtest/public_html/application/models/Test.php on line 73

Warning: Use of undefined constant count - assumed 'count' (this will throw an Error in a future version of PHP) in /home/gradtest/public_html/application/models/Test.php on line 73

Warning: sizeof(): Parameter must be an array or an object that implements Countable in /home/gradtest/public_html/application/models/Test.php on line 73