brainly.com Triumph Autos has contracted with an Indian software firm for design software. The payment of 22,779,750 rupees (Rs) is due in 30 days. What is the cost in dollars if the 30-day forward rate is Rs64.39/$.

The cost in dollars is $353,777.76Step-by-step explanation:Triumph Autos has contracted with an Indian software firm for design softwareThe payment of 22,779,750 rupees (Rs) is due in 30-daysThe 30-day forward rate is Rs 64.39 per $We need to find The cost in dollars∵ The cost = Rs 22,779,750 ∵ The rate is Rs 64.39 for each dollarLet us use the ratio method→    Rupees        :    Dollars→    64.39           :    1→    22,779,750 :     xBy using cross multiplication∵ 64.39 × x = 22,779,750 × 1∴ 64.39 x = 22,779,750- Divide both sides by 64.39∴ x = 353,777.76 dollarsThe cost in dollars is $353,777.76Learn more:You can learn more about word problems in brainly.com/question/1920407#LearnwithBrainly