Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Quantitative Reasoning

Topic

Data Interpretation & Stats

Question:

The following bar chart shows the vends of foreign direct investment (FDI) into India from all over the world.

For which year is the per cent increase in FDI over the previous year the highest?

Options:

1997

1994

1996

1993

Correct Answer:

1996

Explanation:

By solving one by one for each option ,

1. 1997

Percent increase in FDI =  \(\frac{31.36 - 24.23}{24.23}\) × 100

=  \(\frac{ 7.13}{24.23}\) × 100

= 29.42%

2. 1994

Percent increase in FDI =  \(\frac{12.16 - 10.15}{10.15}\) × 100

=  \(\frac{ 2.01}{10.15}\) × 100

= 19.80%

3. 1996

Percent increase in FDI =  \(\frac{24.23 - 10.22}{10.22}\) × 100

=  \(\frac{14.01}{10.22}\) × 100

= 137.08%

4. 1993

Percent increase in FDI =  \(\frac{10.15 - 5.7}{5.7}\) × 100

=  \(\frac{ 4.45}{5.7}\) × 100

= 78.07%

So , Percent increase in FDI is maximum in 1996 .