Correct Answer: C
Explanation:
On January 9, the dollar value was 39.15 Rupees, and on February 8 the dollar value was 39.65 Rupees.
Hence, the dollar value on February 8th was 39.65/39.15 × 100 = (39.15 + 0.5)/39.15 × 100 = 100 + 0.5/39.15 × 100 = (100 + 1.28) = 101.28 percent of the value on January 9th. Hence, the answer is
(C).