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 $)
3.
For which year, the percent increase of foreign exchange reserves over the previous year, is the highest?
Answer: Option
Explanation:
There is an increase in foreign exchange reserves during the years 1992 - 1993, 1994 - 1995, 1996 - 1997, 1997 - 1998 as compared to previous year (as shown by bar-graph).
The percentage increase in reserves during these years compared to previous year are:
| For 1992 - 1993 = |  |
(3720 - 2640) | x 100 | ![]](/_files/images/data-interpretation/common/15-sym-cbracket-h1.gif) |
% = 40.91%. |
| 2640 |
| For 1994 - 1995 = | |
(3360 - 2520) | x 100 | |
% = 33.33%. |
| 2520 |
| For 1996 - 1997 = | |
(4320 - 3120) | x 100 | |
% = 38.46%. |
| 3120 |
| For 1997 - 1998 = | |
(5040 - 4320) | x 100 | |
% = 16.67%. |
| 4320 |
Clearly, the percentage increase over previous year is highest for 1992 - 1993.
Discussion:
15 comments Page 2 of 2.
Alon lee said:
7 years ago
How did you get the denominator?
Let's take (3720-2640)/2640 X 100,
How did you find the denominator 2640?
Please tell me.
Let's take (3720-2640)/2640 X 100,
How did you find the denominator 2640?
Please tell me.
Nousheen said:
6 years ago
I am not understanding this. Please explain me.
Geetha said:
6 years ago
Difference between 95-96 & 96-97 is more than 92-93 & 91-92 (in million US$). Please explain me.
Pema said:
5 years ago
Why we are not comparing 93 and 94, 94 and 95?
Pooja said:
3 years ago
1992-93.
1993-94.
1994-95.
1996-97.
In question, they have asked about the above years.
In explanation, year93-94 is skipped and instead, 97-98 is taken
Is my interpretation wrong? Anyone, please clarify this.
1993-94.
1994-95.
1996-97.
In question, they have asked about the above years.
In explanation, year93-94 is skipped and instead, 97-98 is taken
Is my interpretation wrong? Anyone, please clarify this.
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