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 $ %

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