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Study the following graph and answer the given questions.
Crude Oil Imports by India
Question 148
From 1991 to 1992, what was the approximate percentage reduction in import of crude oil ?
Solution
Crude oil imports in 1991 = 35
Crude oil imports in 1992 = 30
=> % decrease = $$\frac{35-30}{35}$$ * 100
= $$\frac{5}{35}$$ * 100 = 14.28%
= ~14%
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