Question Detail
The following Line chart gives the ratio of the amounts of imports by a Company to the amount of exports from that Company over the period from 1995 to 2001. Answer the following questions based on following Line graph.
If the imports in 1998 was Rs. 250 crores and the total exports in years 1998 and 1999 together was Rs 500 crores, then the imports in 1999 was :
- 320 Crore
- 420 Crore
- 520 Crore
- 620 Crore
Answer: Option B
Explanation:
The Ratio of imports to exports for the years 1998 and 1999 are 1.25 and 1.40 respectively.
Let the exports in the year 1998 = Rs. x crores
Then,the exports in the year 1999 = (500-x) crores
=> 1.25 = 250/x [because 1.25 is 1998 ratio]
=> x = 250/1.25 = 200 crore
Thus the exports in the year 1999 were 500 - 200
= 300 crore
Let the imports in the year 1999 = Rs y crore
Then 1.40 = y/300
=> y = 1.40*300 = 420 crore