DIRECTIONS for the following four questions:
The Table I shows the comparative costs, in US Dollars, of major surgeries in USA and a select few Asian countries.
The equivalent of US Dollar in the local currencies is given in Table II.
A consulting firm found that the quality of the health services were not the same in all the countries above. A poor quality of a surgery may have significant repercussions in future, resulting in more cost in correcting mistakes. The cost of poor quality of surgery is given in Table III
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The rupee value increases to Rs.35 for a US Dollar, and all other things including quality, remain the same. What is the approximate difference in cost, in US Dollars, between Singapore and India for a Spinal Fusion, taking this change into account?
Cost for operation in India is around = 5500*41.
After Rupee value increases, increased cost in USD = 5500*41/35 which is arount 6500 USD.
Thus the requires difference in price is 9000(for singapore) - 6500 = 2500 USD.
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