A Kenyan Non-Governmental Organization (NGO) received a donation of 200 000 US dollars. The money was converted into Kenyan shillings in a bank which buys and sells foreign currency as follows:
Buying (Ksh) Selling (Ksh)
1 US Dollar 102.40 102.50
100 Japanese Yen 92.80 93.30
- Calculate the amount of money, in Kenya Shillings, the NGO received.
- The NGO used 90% of the donation to buy a machine from Japan. Calculate the cost of the machine to the nearest Japanese Yen.