IIFT 2012 Question Paper Question 4

Instructions

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

Question 4

Which year saw the second largest annual percentage increase in imports?

Solution

The annual % increase in exports is as shown below:-
2003 = -ve
2004 = -ve
2005 = $$0\%$$
2006 = -$$\frac{275-200}{200} = 22.22\%$$
2007 = -ve
2008 = -ve
2009 = $$0\%$$
2010 = $$\frac{200-175}{175} = 14.28\%$$.
Thus, year 2010 saw the second largest annual percentage increase in imports.



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