The rupee value increases to Rs. 35 for a US Dollar, and all other things including quality, remain the same. What is the approximate difference in cost, in US Dollars, between Singapore and India for a Spinal Fusion, taking this change into account?
Explanation:
Cost of spinal fusion in India = Rs. 5500 × 40.928
Cost with the increased value of Rupee = 5500 × 40.928/35 = 6431 USD
Cost of Spinal Fusion in Singapore = 9000 USD
Required difference = 9000 – 6431 = 2569 USD
Hence, option (b).
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