(Table: Currency Values I) The dollar rose against the rupee by:
A) 111%.
B) 11%.
C) 1%.
D) -1%.

Question

(Table: Currency Values I) The dollar rose against the rupee by: 
A) 111%. 
B) 11%. 
C) 1%. 
D) -1%.

Quizplus · Accepted Answer

The table shows that the exchange rate for the dollar went from 60.00 to 66.50, which is an increase of 6.50. To find the percentage increase, we divide the increase by the original exchange rate and multiply by 100:

(6.50/60.00) x 100 = 10.83%

Rounding to the nearest whole number gives us 11%, which is choice B.

(Table: Currency Values I) the Dollar Rose Against the Rupee