Banking Sample Paper SBI PO (Main) Sample Test Paper-6

  • question_answer
    The total Indian Economy in 2011 was Rs.9000 billion. If the value of dollar in foreign currency was 25% and the value of euro in foreign currency was 30% then what is the difference between their values in that yearin terms of rupee?

    A)  Rs.65.5 billion              

    B)  Rs.80 billion

    C)  Rs.70 billion                 

    D)  Rs.90 billion

    E)  Rs.95 billion

    Correct Answer: D

    Solution :

    In 2011, total Indian Economy was Rs.9000 bn Amount of foreign currency \[=9000\times \frac{20}{100}=\]Rs. 1800 bn. \[\therefore \]Amount of dollar \[=1800\times \frac{25}{100}=\]Rs. 450 bn Amount of Euro \[=1800\times \frac{30}{100}=\]Rs. 540 bn \[\therefore \]Difference between them \[=540-450=\]Rs. 90 bn


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