| Directions: Study the following graph carefully and answer the questions that follow. |
| Foreign exchange reserves of a country (in million US $) from 1991-92 to 1998-99 |
 |
| What is the percentage increase in foreign exchange reserves from year 1991-94 to 1997-99? |
A) 8.5%
B) 8.62%
C) 8.82%
D) 8.7%
E) None of these
Correct Answer: C
Solution :
| Foreign exchange reserve in 1991-94 |
| \[=(2640+3720+2520)=8880\] |
| Foreign exchange reserve in 1997-99 |
| \[=5040+3120=8160\] |
| \[\therefore \] Required Percentage = \[\frac{4320}{3480}\,\times \,100\]% |
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