Home / Data Interpretation / Bar charts :: Discussion

Discussion :: Bar charts

  1. The foreign exchange reserves in 1996-97 were approximately what percent of the average foreign exchange reserves over the period under review?

  2. A.

    95%

    B.

    110%

    C.

    115%

    D.

    125%

    View Answer

    Workspace

    Answer : Option D

    Explanation :

    Average foreign exchange reserves over the given period

    = [\(\frac { 1 } { 8 } \) x x (2640 + 3720 + 2520 + 3360 + 3120 + 4320 + 5040 + 3120)] million US $

    = 3480 million US $.

    Foreign exchange reserves in 1996 - 1997 = 4320 million US $.

    Therefore Required percentage = [ \(\frac { 4320 } { 3480 } \) x 100 ] % =  124.14% ~= 125%.


Be The First To Comment