USD/INR bid = 83.10; ask = 83.20. Quoting USD/INR using INR/USD inversion gives bid ≈ 1/83.20 and ask ≈ 1/83.10 (INR per 1 INR per USD inverted). For converting INR 100,000 to USD at INR/USD ask, customer receives:

1. Identify what the question asks: this concept maps to spreadusage (§5.3). 2. Apply the framework or formula relevant to the topic. 3. Eliminate distractors and arrive at the correct option (B). _Source: ICAI BoS CA Final Paper 2, Ch 10 "Foreign Exchange Exposure and Risk Management"_