IIFT 2012 Question Paper Question 3

Instructions

Analyse the following chart showing the exports and imports of Sono Ltd. and answer the questions based on this chart

Question 3

In which year was the fifth largest annual percentage increase in exports recorded?

Solution

The annual % increase in exports is as shown below:-
2003 = $$\frac{150-112.5}{112.5} = 33.33\%$$
2004 = $$0\%$$
2005 = $$\frac{200-150}{150} = 33.33\%$$
2006 = -ve
2007 = $$\frac{200-175}{175} = 14.28\%$$
2008 = $$\frac{275-200}{200} = 37.5\%$$
2009 = -ve
2010 = $$\frac{262.5-200}{200} = 31.5\%$$.
Thus, In 2007 was the fifth largest annual percentage increase in exports recorded.
Hence, option A is the correct answer.



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