Question 98

Read the data and answer the given questions

If the imports in 2012 was Rs. 700 crores and the total exports in the years 2012 and 2013 together was Rs. 4000 crores, then the imports in 2013 was? 

Solution

Let exports in 2012 = Rs. $$x$$ crores

Imports in 2012 = Rs. 700 crores

Ratio of imports and exports in 2012 = $$\frac{700}{x} = 0.9$$

=> $$x = \frac{700}{0.9} \approx 778$$

Total exports In the years 2012 and 2013 together = Rs. 4000 crores

=> Exports in 2013 = Rs. (4000 - 778) crores = Rs. 3222 crores

Ratio of imports and exports in 2013 = 1

=> Imports in 2013 = Exports in 2013 = Rs. 3222 crores

=> Ans - (D)


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