IIFT 2014 Question Paper

Instructions

Charts given below describe the energy scenario of a country. Assume that the country does not export any form of energy and whatever is produced and imported is consumed in the same year. Go through the Charts and answer the questions.

Question 95

The import of natural gas in 2012, when compared to 2010, is approximately:

Solution

Import of natural gas for the year 2010 = 50% of 80(1.05) = 42

Import of natural gas for 2012 = 30% of 80(1.05)(1.1)(1.05) = 29 (approx)

Hence the required difference = 42 - 29 = 13

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