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Parts/Country
Body
Wheels
Engine
Others
India(INR)
28580
25000
55850
23700
Japan(Yen)
18500
23200
17000
Russia(Ruble)
26500
6580
36500
35000
German(Euro)
600
550
400
485
China(Yuan)
1500
1000
1200
1600
In the table given below the Exchange rates of different currencies against the Rupee are given.An Indian Motor Vehicle manufacturing company ‘Tata’ gets its spare parts from different vendors in different countries. The above table gives the prices of these parts in each country, in terms of the currency of that country. There is no other additional cost involved in manufacturing a Vehicle.
Country
Currency
INR Equivalent
India
INR
45
Japan
Yen
0.59
Russia
Ruble
1.15
German
Euro
70.66
China
Yuan
9.73
Tata company is plants to buy all spare parts either from China or from Russia. What will be the difference in Manufacturing cost (in Euro-approximate value )?
972
456
560
678
Total
1,33,130
14750
10915
13688
10030
49383
30475
7567
41975
40250
120267
42396
38863
28264
34270
143793
14595
9730
11676
15568
51569
Explanation : China = 51569 Russia = 120267 Difference = 120267-51569 = 68698 In Euro = 68698*70.66 = 972.2
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