Instructions

The bar graph shows the foreign exchange reserve of a country (in million US $) from 1991-92 to 1998-99. Based on the bar graph answer the 5 questions.

Question 106

For which year, the percent increase of foreign exchange reserves over the previous year is the highest ?

Solution

Percent increase of foreign exchange reserves over the previous year :

(A) : 1995-96 = It decreased as compared to previous year.

(B) : 1998-99 = It decreased as compared to previous year.

(C) : 1994-95 = $$\frac{(3360-2520)}{2520}\times100=33.33\%$$

(D) : 1992-93 = $$\frac{(3720-2640)}{2640}\times100=40.9\%$$     [MAX]

=> Ans - (D)


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