Abstract
When people go abroad, especially students, There is a special problem that we face when we need to spend money. During this trip to finland, and ofcourse my first trip abroad! I have realized very early a little economics lessons and i thought this would be helpful and may be funny too!
Introduction
When i was packing things up for this trip, i also happened to purchase a few euro's. It wasn't a very comfortable feeling to buy out a € for 56+ Indian Rupees. I was thinking while travelling whether this was really that expensive or was i over estimating. Initially i thought, how worse it would be if 1€ in finland = 1Rs in india. Oh! this might be a bit confusing but what i mean was " Lets say if a pen costs Rs.10 in India Then €10 in Finland". Phew!! Amazing numbers, and if things were so, none of us could ever live here. But, what i have found here ( and also proven empirically ) is that if you are earning a little money here, then things are much better than worse.
Theory
Some Theorical standpoints before i mention other things.
Axiom 1: Assume that you are an Indian. And are very comfortable about Indian Rupee. (Notes on Indian Rupee)
Axiom 2: 1 € = Rs. 57 (for latest figures Click Here)
And here comes, the (yet to be famous) Raul's theorem (aka Rahul's Theorem) for Indo-Eorupean Spending!
Theorem 1:
When buying some article in €'s, lets say "X €" then buy the article if you would have been willing to buy the same article in india for Rs. 10*X.
Proof (Empirical):
The following is a small empirical proof what has been laid out in the theorem. Please look at the figures carefully.
Article --------------Cost in € (X) --------------10 * X --------------In India (Rs.) (comments)
------------------------------------------------------------------------------------------------------------------------------------------------------------
Bread(Big Pack) -------------- 1.59 --------------~ 16 -------------- 20-25
Jam -------------- -------------- 2.2 -------------- ~ 22 --------------50
Coke -------------- -------------- 2 --------------~ 20 -------------- 20
Beer -------------- -------------- 1-3 --------------~ 10 -30 -------------- 50-70
Room Rent --------------640 -------------- 6400 -------------- 4500-7000 ( Yeah! I really live in an expensive place, something like Single Room apartment near Ameerpet or lets say Abids Main Road)
Conclusion:
So with these little figures and of course with many more to cite. I conclude that if you find anything in Euro's and ofcourse if you have to buy it. Make sure that its 10*X price is less than the corresponding price in indian Rupee. Also, if you are earning a bit here, then you can live pretty well, ofcourse it will always be at the back of your mind that if you save a few € 's they would become Hundreds & Thousands of Indian Rupees. But, well i have realized that it really is worth spending, atleast on food. And, for those who don't earn here, and are depending entirely on money comming all the way from india, You will Starve!!
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3 comments:
Well I forgot to mention the best match to the magic number 10.
I happened to visit, Mc Donalds here, with a friend.
I ordered for an El Toro Jr. ( Veg. Burger Jr.) & a Strawberry Milk Shake.
costing 2 Euro + 1 Euro.
The same cost as it costs at Mc Donalds in india(if my memory is good)
Rs. 20 + Rs. 10
Hurray... Raul's theorem has been tested successfully! :)
What can I say.....
you theorem works... and I am flattered....
well, it's a really very very very good info and this might help a lot...
Keep going and you have already started doing that...logical assumptions :P
Oi, achei teu blog pelo google tá bem interessante gostei desse post. Quando der dá uma passada pelo meu blog, é sobre camisetas personalizadas, mostra passo a passo como criar uma camiseta personalizada bem maneira. Até mais.
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