IIFT 2012 Question Paper Question 5

Instructions

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

Question 5

What is the approximate percentage point difference in the maximum annual percentage increase in export and the minimum annual percentage decrease in Imports?

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, the maximum % increase in exports = $$37.5\%$$
The lowest % decrease in the year 2003 and = $$\frac{275-200}{275} = 9.09\%$$
Thus, the required difference = $$37.5 - 9.09 \approx 28\%$$
Hence, option A is the correct answer.



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