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Data Interpretation

For which year, the percent increase of foreign exchange reserves over the previous year, is the highest?

Question: For which year, the percent increase of foreign exchange reserves over the previous year, is the highest?
[A].

1992-93

[B].

1993-94

[C].

1994-95

[D].

1996-97

Answer: Option A

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 % = 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.

For which year, the percent increase of foreign exchange reserves over the previous year, is the highest? Read More »

Bar Charts, Data Interpretation

Which year showed the best result in MBA entrance exams (in terms of percentage of students who cleared) ?

Question: Which year showed the best result in MBA entrance exams (in terms of percentage of students who cleared) ?
[A].

2000

[B].

2001

[C].

2002

[D].

Cannot be determined

Answer: Option B

Explanation:

Compare the respective pass percentage for three years : 2000, 2001 and 2002

= (140 x 100)/170 < (150 x 100)/180 and (150 x 100)/180 > (160 x 100)/200

= 82.35% < 83.33% and 83.33% > 80%

Which year showed the best result in MBA entrance exams (in terms of percentage of students who cleared) ? Read More »

Bar Charts, Data Interpretation

Out of every Rs. 10,000 spent during the decade 2001 – 2010 approximately how much was the GDP of Russia during the half decade 2001 – 2005 ?

Question: Out of every Rs. 10,000 spent during the decade 2001 – 2010 approximately how much was the GDP of Russia during the half decade 2001 – 2005 ?
[A].

Rs. 700

[B].

Rs. 1,400

[C].

Rs. 2,800

[D].

None of these

Answer: Option D

Explanation:

Russia will account for 10 out of 125, i.e, 8% of the total, i.e, 800 out of 10,000 (approximately values based on visual interpretation).

Out of every Rs. 10,000 spent during the decade 2001 – 2010 approximately how much was the GDP of Russia during the half decade 2001 – 2005 ? Read More »

Bar Charts, Data Interpretation