Answer:
Rs 7,241,379
Explanation:
You want to import $147,000 worth of rug from India
Therefore the amount that will be paid in rupees for this rug if one rupee is worth $0.0203 can be calculated as follows
= 147,000/0.0203
= 7,241,379
Hence Rs 7,241,379 will be paid for the rug
Import is termed as the process in which the goods and services are asked from the other country in order to fulfill the demand and the supply of the products. In the case of acute shortage of the supply, the imports are done in the country to equalise the demand.
You want to import $147,000 worth of rug from India
Therefore, the amount paid in rupees for a rug, if one rupee is worth $0.0203 can be calculated as:
[tex]= \frac{\text{Amount of Import}}{\text{value of one rupee}} =\frac{147,000}{0.0203} = 7,241,379[/tex]
Hence Rs 7,241,379 will be paid for the rug.
To know more about the calculation of the rugs, refer to the link below:
https://brainly.com/question/17730846?
