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Quantitative - Mathematics - Data Interpretation:

Statistics

MCQ - 27-3921

The graph below shows historical exchange rates between the Pak Rupee (PKR) and the US Dollar (USD) between January 9 and February 8 of a particular year.

22 di pointgraph -25596464

Question:

John had 100 dollars. The exchange rate converts the amount in US dollars to a number in Pak Rupees by directly multiplying by the value of the exchange rate. By what amount did John’s $100 increase in terms of Pak Rupees from Jan. 9 to Feb. 8?

  1. 5
  2. 10
  3. 15
  4. 10
  5. 50

Correct Answer: E

Explanation:

One dollar converted to 39.1 Rupees on Jan. 9. Hence, 100 dollars converts to 39.15 × 100 = 3915 Pak Rupees. On February 8, it converted to 39.65 Rupees. Hence, on that day, 100 dollars converted to 39.65 × 100 = 3965 Rupees. The increase in terms of Indian Rupees is 3965 – 3915 = 50. The answer is (E).

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82 MCQ for effective preparation of the test of Statistics of Data Interpretation section.

Read the MCQ statement: John had 100 dollars. The exchange rate converts the amount in US dollars to a number in Pak Rupees by directly multiplying by the value of the excha .... om Jan. 9 to Feb. 8?, keenly and apply the method you have learn through the video lessons for Statistics to give the answer. Record your answer and check its correct answer and video explanation for MCQ No. 27-3921.

How to Answer

Solve the question for MCQ No. and decide which option (A through D/E) is the best choice to answer the MCQ, then click/tap the blue button to view the correct answer and it explanation.

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