Question : Direction: Study the following bar diagram carefully and answer the question. The bar graph given below shows the foreign exchange reserves of a country (in million US dollars) from 1991– 1992 to 1998– 1999.
The foreign exchange reserves in 1996– 97 were approximately what percent of the average foreign exchange reserves over the period under review?
Option 1: 95%
Option 2: 110%
Option 3: 115%
Option 4: 124%
Latest: SSC CGL preparation tips to crack the exam
Don't Miss: SSC CGL complete guide
Correct Answer: 124%
Solution :
Based on the provided bar graph,
The 1996– 1997 foreign exchange reserves were $4320$ million.
Average foreign exchange reserves over the given period = $\frac{2640+3720+2520+3360+3120+4320+5040+3120}{8} = 3480$ million US dollars
3480 million US dollars is the average foreign exchange reserves over all years.
Required percentage = $\frac{\text{The reserves of foreign currency in 1996–1997}}{\text{Average foreign exchange reserves for all the years}} \times 100$
= $\frac{4320}{3480} \times 100=124$%
Hence, the correct answer is 124%.
Related Questions
Know More about
Staff Selection Commission Combined Grad ...
Answer Key | Eligibility | Application | Selection Process | Preparation Tips | Result | Admit Card
Get Updates Brochure
Your Staff Selection Commission Combined Graduate Level Exam brochure has been successfully mailed to your registered email id “”.
