Professional Documents
Culture Documents
A. Approx. $820–835 bn
B. Approx. $835–850 bn
C. Approx. $850–865 bn
D. Approx. $865–880 bn
E. Approx. $880–895 bn
Explanation:
Data interpretation We will need to use the data provided by the right diagram. The left one is irrelevant.
Reasoning: First we calculate the total cost of the economic damage, and then we calculate 45% of this number. Another
method is to calculate 1% of the total economic damage and multiply it by 45.
Calculation:
The total cost of economic damage was 709+262+40+10+870=1891
45% of this number is 1891*0.45=851 (billion dollars)
The other solution:
If 709 billion dollars is 37 percent of the total economic damage, then 1% is 709/37=19.16 billion dollars. The absolute loss
for Asia would then have been 19.16*45=862 billion dollars.
Shortcuts / pitfalls:
Notice how the two different methods lead to different results. This is because the percentages and the dollar values are
individually rounded.