Upon Arrival in Chile,Karen Exchanged $1,000 of U

Multiple Choice

Upon arrival in Chile,Karen exchanged $1,000 of U.S.currency into 480,000 Chilean Pesos.While returning after her two-month visit,she exchanged her remaining 50,000 Pesos into $100 of U.S.currency.What amount of gain or a loss did Karen experience on the 50,000 pesos she held during her visit and converted to U.S.dollars at the departure date?

A) Loss of $4.
B) Gain of $4.
C) Loss of $6.
D) No gain or loss.