Quiz Error

Algo Trading Business
1

Course Name: Investing in Global Markets, Section No: 3, Unit No: 13, Unit type: Quiz

 

On the quiz it asks how much Pooja will pay in order to transfer 100 USD to her broker through ABN Bank. According to data provide Rooja will have to pay 7600 Rs (100us x Rs76) + Rs 1000 transfer fee + Rs 45 GST so total will be Rs 8645 that Pooja has to pay

On the answers provided on the quiz the correct answer given is Rs 8600 that doesnt include the Rs 45 applicable GST

2

Hello,



The correct answer is Rs.8600 because the wire transfer charges already include GST (as mentioned in the third point of the question). Therefore we cannot add an additional Rs.45 for GST.





Thanks,

Rushda Ansari