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Common Information

The following graphs give the break-up of mulberry silk goods exports to the top $5$ countries in April-January of $1999-2000$ and $2000-01$.The values of exports are all in rupees in crore.

Common information image for Bar Charts, Data Interpretation:1071-1

Common information image for Bar Charts, Data Interpretation:1071-2

Q.

Common Information Question: 3/3

If the exchange rate of rupee vis-a-vis dollar decreased by $10%$ in the given period, what is the increase/decrease of exports of mulberry silk goods in the same time period?

(Assume exchange rate is constant in April-January in a particular year.)

 A.

11.9%

 B.

10.71%

 C.

0.7%

 D.

Data insufficient

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Solution:
Option(C) is correct

Effective growth in dollar terms:

$[(1020.51×0.9) – 911.86]×100\%$

$≈0.7\%$


(3) Comment(s)


Mathew
 ()

Effective growth in dollar terms:

$[(1020.51×0.9) – 957]×100\%$

$≈-0.39\%$, please specify in which year



Flyingdildo
 ()

"If the exchange rate of rupee vis-a-vis dollar decreased by 10 in the given period"......which period? is it 1999-2000 or 2000-2001 or both? answer will vary based on individual interpretation



Bharat Bhushan
 ()

in the question it should be 10%