- (a) Walter’s Approach:
srinivas (humble devotee of saraswati) (885 Points)
08 November 2008
madhur gupta
(student/article )
(1022 Points)
Replied 09 November 2008
hello sir
i am in also c.a.final , ihave solved both the above quest.,plz confirm these answers n do inform me also so that i may correct myself if iam wrong
ans.1)112.5
2)a 1 pound = 4.5 dm
b) buy at 4.4 n sell at 4.5 to earn arbitrage profit