0 0 votes Answer the question on the basis of the information given below: A certain perfume is available at a duty-free shop at the Bangkok international airport. It is priced in the Thai currency Baht but other currencies are also acceptable. In particular, the shop accepts Euro and US Dollar at the following rates of exchange: US $\$1=41$ Bahts and $1$ Euro$=46$ Bahts. The perfume is priced at $520$ Bahts per bottle. After $1$ bottle is purchased, subsequent bottles are available at a discount of $30\%.$ Three friend S, R and M together purchase three bottles of the perfume, agreeing to share the cost equally. R pays $2$ Euros. M pays $4$ Euros and $27$ Thai Bahts and S pays the remaining amount in US Dollars. How much does M owe to S in US Dollars? $3$ $4$ $5$ $6$ Quantitative Aptitude cat2003-1 quantitative-aptitude number-systems + – go_editor 14.2k points 5.5k views answer comment Share Follow Print 0 reply Please log in or register to add a comment.
Best answer 1 1 vote After 1 bottle is purchased at 520 baht, 2nd and 3rd will be priced as 364(70% of 520) each. Total price = 1248 bahts. As they will share the price equally, each of them have to pay : $\frac{1248}{3}$ = 416 bhats. M pays : 4 Eu + 27 Bhats = 4*46 + 27 = 211 bhats M should pay 416 - 211 = 205 Bhats. That is $\frac{205}{41}$ Dollar = 5 Dollars. Answer should be C. Gate Asprint answered May 8, 2016 • selected May 8, 2016 by Leen Sharma Gate Asprint 100 points comment Share Follow 0 reply Please log in or register to add a comment.