Dattaprabhakar G. answered 08/10/14
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Micaela:
1 rupee = (1/57.3) dollar, so 460 rupees (per meter) = 8.02792 dollars (per meter).
Above is the charge per meter. That means it is the charge for 1.09 yards. So, per yard, the charge is
8.02792/1.09 = 7.365 dollars. If he wants to make a profit of $4 per yard, he should charge 11.365 dollars per yard.
Micaela, just for the fun of it, calculate how much (in rupees) should Ravi charge per meter. Then you will have understood the whole process!
Dattaprabhakar (Dr. G.)