Data Interpretation - Bar Charts - Discussion
Discussion Forum : Bar Charts - Bar Chart 2 (Q.No. 3)
Directions to Solve
The bar graph given below shows the foreign exchange reserves of a country (in million US $) from 1991 - 1992 to 1998 - 1999.
Foreign Exchange Reserves Of a Country. (in million US $)
3.
For which year, the percent increase of foreign exchange reserves over the previous year, is the highest?
Answer: Option
Explanation:
There is an increase in foreign exchange reserves during the years 1992 - 1993, 1994 - 1995, 1996 - 1997, 1997 - 1998 as compared to previous year (as shown by bar-graph).
The percentage increase in reserves during these years compared to previous year are:
| For 1992 - 1993 = |  |
(3720 - 2640) | x 100 | ![]](/_files/images/data-interpretation/common/15-sym-cbracket-h1.gif) |
% = 40.91%. |
| 2640 |
| For 1994 - 1995 = | |
(3360 - 2520) | x 100 | |
% = 33.33%. |
| 2520 |
| For 1996 - 1997 = | |
(4320 - 3120) | x 100 | |
% = 38.46%. |
| 3120 |
| For 1997 - 1998 = | |
(5040 - 4320) | x 100 | |
% = 16.67%. |
| 4320 |
Clearly, the percentage increase over previous year is highest for 1992 - 1993.
Discussion:
15 comments Page 1 of 2.
Pearl said:
1 decade ago
During calculations, how do you manage to get the denominator?
ie. 3360-2520 X 100
2520- how do you get this number here?
ie. 3360-2520 X 100
2520- how do you get this number here?
Yogesh said:
1 decade ago
There is need of find % of 1993-94 but they have calculated 1997-98 so, please make it eliminate by 1993-94
Thanx
Thanx
Amit said:
1 decade ago
Can anyone give easier method for this?
Preeti said:
1 decade ago
Why not take the 98-99 amount of 3120?
Shrona said:
1 decade ago
Preethi 98-99 previous year is 97-98 .
98-99 is 3120 and 97-98 is 5040.
5040 is greater than 3120 so we do not take 98-99(3120).
As its given in question , " the percent increase of foreign exchange reserves over the previous year, is the highest"
98-99 is 3120 and 97-98 is 5040.
5040 is greater than 3120 so we do not take 98-99(3120).
As its given in question , " the percent increase of foreign exchange reserves over the previous year, is the highest"
Vishal said:
1 decade ago
Why the year 1996-97 is not the right answer?
Tejaswini said:
1 decade ago
Hai preeti,
For this question only they are calculate by the options. So thats way not take the 98-99 amount.
For this question only they are calculate by the options. So thats way not take the 98-99 amount.
Zomoroda said:
8 years ago
Why not 1997-98 is the right answer?
Ileri said:
7 years ago
I still don't understand. Please help me.
Thara said:
7 years ago
Here we compare the increase percentage with previous year,
So find the difference between previous year, and the year which we are going to compare, and then divide it with the previous year foreign exchange reserve (because here we want to know how many percentage the foreign exchange will increased compare to the previous year).
So find the difference between previous year, and the year which we are going to compare, and then divide it with the previous year foreign exchange reserve (because here we want to know how many percentage the foreign exchange will increased compare to the previous year).
(2)
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