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Q.

If the imports of the company in 1996 was Rs. 272 crores, the exports from the company in 1996 was?


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a

    Rs. 370 crores

b

    Rs. 320 crores

c

    Rs. 280 crores

d

    Rs. 275 crores 

answer is B.

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Detailed Solution

Given that, graph of ration of value of imports & exports by a company over the years.
Question ImageWe have to find the exports from the company in 1996.
From the given graph,
We can see that,
Ratio of imports to exports in the year 1996 = 0.85.
Now, let the exports in 1996 = Rs. x crores.
Then, 272x=0.85
x=2720.85
x=320  Hence, exports in 1996 is Rs. 320 crores.
Therefore, the correct option is 2.
 
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