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 107

What was the percentage increase in the foreign exchange reserves in 1997-98 over 1993-94 ?

Solution

Foreign exchange reserves in 1997-98 (in million US $) = 5040

Foreign exchange reserves in 1993-94 (in million US $) = 2520

=> Required % increase = $$\frac{(5040-2520)}{2520}\times100$$

= $$\frac{2520}{2520}\times100=100\%$$

=> Ans - (A)


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