Quantitative Aptitude Ques 1049
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 What is the percentage increase in foreign exchange reserves from year 1991-94 to 1997-99?
Options:
A) 8.5%
B) 8.62%
C) 8.82%
D) 8.7%
E) None of these
Show Answer
Answer:
Correct Answer: C
Solution:
- Foreign exchange reserve in 1991-94 $ =(2640+3720+2520)=8880 $ Foreign exchange reserve in 1997-99 $ =5040+3120=8160 $
$ \therefore $ Required Percentage = $ \frac{4320}{3480},\times ,100 $ %