
Explanation:
The base currency (in this case, Y) is always equal to one unit, and the quoted currency (in this case, X) is what that one base unit is equivalent to in the other currency.
So, the number of units of currency X in this case is:
1.30`00 \times 50 = 65 \text{ units}$$
Q.3814 The quote between currency X and Y is 1.3000, where currency Y is the base currency. What is the number of units of currency X required for the exchange of 50 units of currency Y?
A
65
B
70
C
85
D
64
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