Saturday, 1 October 2016

BRAIN TEASER FOR TODAY

15 months ago the price of 1 bitcoin was N52,000.  As at today the price as increased by 420%.


  1. What is the current price ?
  2. What is the dollar value given the exchange rate to be N450 naira.

you can post your answers in the comments.

Thank you

34 comments:

  1. This comment has been removed by the author.

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  4. 1. N218,400
    2 $485.33

    ^(using your questions parameters), however real life cost currently stands at $619.47

    Ulq

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  5. I look at it this way

    (100 + 420)/100 = 5.2

    Then
    N52,000 × 5.2 = N270, 400 (as of today)

    If 1 BTC = 270, 400 as of today with USD exchange rate against Naira at N450 to 1 USD

    270400 / 450 = 600.88889USD

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  6. This comment has been removed by the author.

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  8. The amount now given the 420% increase stands at N270,400.00

    The price in dollars using N450 exchange rate stands at $600.89

    ReplyDelete
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  11. the price base on 420% increase will be 270,400 thousand naira

    ReplyDelete
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