Question 73

Refer the below table and answer the given question

If the imports in 2012 was Rs. 1100 crores and the total exports in the years 2012 and 2013 together was Rs. 5200 crores, then the imports in 2013 was? 

Solution

Imports in 2012 = Rs. 1100 crores

Let Exports in 2012 = Rs. $$y$$ crores

Ratio of imports and exports in 2012 = 0.7

=> $$\frac{1100}{y} = 0.7$$

=> $$y = \frac{1100}{0.7} = 1571.42$$

Total exports In the years 2012 and 2013 together = Rs. 5200 crores

=> Exports in 2013 = Rs. (5200 - 1571.42) crores = Rs. 3628.58 crores

Let imports in 2013 = Rs. $$x$$ crores

Ratio of imports and exports in 2013 = $$\frac{x}{3628.58} = 0.8$$

=> $$x = 3628.58 \times 0.8 = 2902.864 \approx 2903$$

$$\therefore$$ Imports in 2013 was Rs. 2903 crores

=> Ans - (D)


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