Q:
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 fo
1. In how many of the given years were the exports more than imports ?
A. 1 B. 2 C. 3 D.4
2. The imports were minimum proportionate to the exports of the Company in the year :
A. 1997 B. 1995 C. 1996 D. 2000
3. If the imports of a company in 1996 was Rs. 272 crores, the exports from the company in 1996 was:
A. Rs 120 Cr B. Rs 220 Cr C. Rs 320 Cr D. Rs 420 Cr
4. What was the percentage increase in imports from 1997 to 1998 ?
A. 70 B. 72 C. 74 D. Data Inadequate
5. 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 :
A. Rs.320 Cr B. Rs.420 Cr C. Rs.520 Cr D. Rs.620 Cr
Answer
1. ANSWER : D
Explanation - Clearly the exports are more than the imports implies that the ratio of value of imports to exports in less than 1. So years are 1995, 1996, 1997 and 2000. So these are four years
2. ANSWER : A
Explanation - Clearly from the line graph we can judge it is minimum in year 1997.
3. ANSWER : C
Explanation - We are given with the ratio of imports and exports in the line graph.
Let the exports from the company in 1996 was x then,
272/x = 0.85
=> x = 272/0.85
=> x = 320
Note: Please not that we are given the ratio of imports to exports, so export will will in denominator .
4. ANSWER : D
Explanation - For calculating the percentage we will need value of exports, imports etc. We are only given with the ratio. So data in Inadequate.
Note: Please note in charts questions, most probably it includes 1 or more than 1 questions which are percentage based. So please clear percentage questions before preparing it. Because this is very scoring section.
5. ANSWER : 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 x 300 = 420 crore
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