Quantitative Aptitude Ques 1047

Question: Directions: Study the following graph carefully and answer the questions that follow.

Foreign exchange reserves of a country (in million US ) from 1991-92 to 1998-99 The foreign exchange reserves in 1996-97 were approximately what per cent of the average foreign exchange reserves over the period under review?

Options:

A) 95%

B) 110%

C) 115%

D) 125%

E) 140%

Show Answer

Answer:

Correct Answer: D

Solution:

  • Average foreign exchange reserves over the given period $ =\frac{1}{8}[2640+3720+2520+3360+3120+4320+5040+3120] $ $ =\frac{1}{8}\times 27840=3480 $ million US

$ \therefore $ Required percentage $ =\frac{4320}{3480}\times 100 $ % $ =124.14\approx 125 $ %