Discussion :: Line charts
-
In 1995, the export of Company A was double that of Company B. If the imports of Company A during the year was Rs. 180 crores, what was the approximate amount of imports pf Company B during that year?
Answer : Option B
Explanation :
In 1995 for Company A we have:
\(\frac { EA } { IA }\) = 1.75 ....(i)
[where EA = amount of exports, IA = amount of imports of Company a in 1995]
In 1995 for Company B we have:
\( \frac { EB } { IB } \) = 0.75.. (ii)
[where EB = amount of exports, IB = amount of imports of Company B in 1995]
Also, we have EA = 2EB ... (iii)
Substituting IA = Rs. 180 crores (given) in (i), we get:
EA = Rs. (180 x 1.75) crores = Rs. 315 crores.
Using EA = Rs. 315 crores in (iii), we get:
EB = \( \frac { EA} { 2 } \) = Rs .[ \(\frac { 315 } { 2 }\)] crores
Substituting EB = Rs.[ \(\frac { 315 } { 2 }\)] crores in (ii), we get:
IB = \(\frac { E B } { 0.75 }\) = Rs .[ \(\frac { 315 } { 2 *0.75 }\)] crores = Rs. 210 crores.
i.e., amount of imports of Company B in 1995 = Rs. 210 crores.
Be The First To Comment