Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Gasoline sold for RMB 8.72 per litre in Beijing and US$ 5.49per gallon in Seattle. Find the percentage Beijing price lower than Seattle price. (1 US gallon = 3.785 litres, RMB 7.21 = US$1.00) _________%. (Please pay attention to this %, if your answer is like 22.45%, you should input 22.45) Also find the percentage Seattle price higher than Beijing price._____________%. (Please pay attention to this %, if your answer is like 22.45%, you should input 22.45)
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