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Question
If India FDI from OPEC countries was proportionately the same in 1992 and 1997 as the total FDI from all over the world and if the FDI in 1992 from the OPEC countries was Euro 2 million. What was the amount of FDI from the OPEC countries in 1997?
If India FDI from OPEC countries was proportionately the same in 1992 and 1997 as the total FDI from all over the world and if the FDI in 1992 from the OPEC countries was Euro 2 million. What was the amount of FDI from the OPEC countries in 1997?
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Solution
The correct option is C 11
Let x be the FDI in 1997.
Then: (2/5.7) = (x/31.36)
x = (2/5.7) x 31.36
x = 11
Let x be the FDI in 1997.
Then: (2/5.7) = (x/31.36)
x = (2/5.7) x 31.36
x = 11
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