Analyse the following chart showing the exports and imports of Sono Ltd. and answer the questions based on this chart
What is the approximate percentage point difference in the maximum annual percentage increase in export and the minimum annual percentage decrease in Imports?
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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