Question 98

Read the given data and answer the  questions


If the imports In 2012 was Rs. 600 crores and the total exports In the years 2012 and 2013 together was Rs. 4000 crores, then the imports in 2013 was? 

Solution

Ratio of imports and exports in 2012 = 1

=> Imports in 2012 = Exports in 2012 = Rs. 600 crores

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

=> Exports in 2013 = Rs. (4000 - 600) crores = Rs. 3400 crores

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

Ratio of imports and exports in 2013 = $$\frac{x}{3400} = 1.5$$

=> $$x = 3400 \times 1.5 = 5100$$

$$\therefore$$ Imports in 2013 was Rs. 5100 crores


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