Tabular Data
Data Interpretation

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Common Information

table below shows the comparative costs, in US Dollars, of major surgeries in USA and a select few Asian countries.

Table below can be scrolled horizontally

Procedure

Comparative Costs in USA and some Asian countries (in US Dollars)

USA

India

Thailand

Singapore

Malaysia

Heart By pass

130000

10000

11000

18500

9000

Heart Valve Replacement

160000

9000

10000

12500

9000

Angioplasty

57000

11000

13000

13000

11000

Hip Replacement

43000

9000

12000

12000

10000

Hysterectomy

20000

3000

4500

6000

3000

Knee Replacement

40000

8500

10000

13000

8000

Spinal Fusion

62000

5500

7000

9000

6000


The equivalent of one US Dollar in the local currencies is given below.

Table below can be scrolled horizontally

 

1 US Dollar equivalent

India

40.928

Rupees

Malaysia

3.51

Ringits

Thailand

32.89

Bahts

Singapore

1.53

SDollars


A consulting firm found that the quality of the health services were not the same in all the countries above. A poor quality of a surgery may have significant repercussions in future, resulting in more cost in correcting mistakes. The cost of poor quality of surgery is given in the table below.

Table below can be scrolled horizontally

Procedure

Comparative Costs of Poor Quality in USA and some Asian countries
(in US Dollars ‘000 )

USA

India

Thailand

Singapore

Malaysia

Heart Bypass

0

3

3

2

4

Heart Valve
Replacement

0

5

4

5

5

Angioplasty

0

5

5

4

6

Hip Replacement

0

7

5

5

8

Hysterectomy

0

5

6

5

4

Knee Replacement

0

9

6

4

4

Spinal Fusion

0

5

6

5

6

Q.

Common Information Question: 1/4

The rupee value increases to Rs. 35 for a US Dollar, and all other things including quality, remain the same.

What is the approximate difference in cost, in US Dollars, between Singapore and India for a Spinal Fusion, taking this change into account?

 A.

700

 B.

2500

 C.

4500

 D.

8000

 E.

No difference

 Hide Ans

Solution:
Option(B) is correct

Cost of spinal fusion in India:

$=\text{ Rs.} 5500 × 40.928$

Cost with the increased value of Rupee:

$= 5500 × \dfrac{40.928}{35}$

$= 6431$ USD

Cost of Spinal Fusion in Singapore, $= 9000$ USD

Required difference:

$= 9000 - 6431$

$= \textbf{2569 USD}$

Hence, option B.


(2) Comment(s)


Snehal
 ()

Why is the price in India assumed in INR...and that in Singapore assumed in USD....when as per the table all prices are in USD???????

If the value of 1USD is 35 INR means the value of INR has gone up so in USD terms the price of the treatment should be lower than before and not higher than before


ValarMorghulis
 ()

USD-INR comparison is, when USD increase - INR decrease.

Since here INR increased in value, USD value decreased which means more dollars to pay..