Inverse quote for "1GBP = 99.1100/9900 INR is INR GBP____________
A)0.0101/0.0100
B)0.0100/0.0105
C)0.0105/0.0100
D)0.0100/0.0101

Name: Inverse quote for "1GBP = 99.1100/9900 INR is INR GBP____________ A)0.0101/0.0100 B)0.0100/0.0105 C)0.0105/0.0100 D)0.0100/0.0101
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The inverse quote is calculated by taking 1 divided by each side of the quote. For "1 GBP = 99.1100/9900 INR", the inverse would be "1 INR = 1/99.1100 GBP" and "1 INR = 1/9900 GBP", which simplifies to approximately "0.0100/0.0101 GBP".

Inverse Quote for "1GBP = 99