You have to remit CAD 20,000 towards the University fees for the admission in the Montreal...

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You have to remit CAD 20,000 towards the University fees for the admission in the Montreal University. The spot rate of exchange in India is 1USD= Rs. 82/83. The exchange margin is 1%. In Singapore1 CAD=0.75 USD. Calculate Rs, equivalent to be debited to the Customer's account? You have to remit CAD 20,000 towards the University fees for the admission in the Montreal University. The spot rate of exchange in India is 1USD= Rs. 82/83. The exchange margin is 1%. In Singapore1 CAD=0.75 USD. Calculate Rs, equivalent to be debited to the Customer's account?

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