Data Interpretation - Bar Charts - Discussion

Discussion Forum : Bar Charts - Bar Chart 2 (Q.No. 4)
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 $)


4.
The foreign exchange reserves in 1996-97 were approximately what percent of the average foreign exchange reserves over the period under review?
95%
110%
115%
125%
Answer: Option
Explanation:

Average foreign exchange reserves over the given period

= [ 1 x (2640 + 3720 + 2520 + 3360 + 3120 + 4320 + 5040 + 3120) ] million US $
8

= 3480 million US $.

Foreign exchange reserves in 1996 - 1997 = 4320 million US $.

Therefore Required percentage = ( 4320 x 100 ) % = 124.14% ~= 125%.
3480

Discussion:
3 comments Page 1 of 1.

Moin Abdullah said:   7 years ago
Is there any shortcut way to perform this type of calculation?
(1)

Sudip said:   8 years ago
Is there any shortcut way to perform this type of calculation?

Myna said:   7 years ago
Any shortcut method to solve this? Please give me.

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