Analyse the following chart showing the exports and imports of Sono Ltd. and answer the questions based on this chart
Q. What is the approximate percentage point difference in the maximum annual percentage increase in export and the minimum annual percentage decrease in Imports?
  • a)
    28
  • b)
    48
  • c)
    64
  • d)
    12
Correct answer is option 'A'. Can you explain this answer?

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Answers

Kumar Priyajit
4 weeks ago
Max annual percentage increase in exports happens in 2007-08 (275-200)/200 *100 = 37.5 %
Min annual percentage decrease in imports happen in any of the years 2002-03, 2003-04 etc. percentage is (275-250)/275 * 100 or (250-225)/250*100 ...approx 10-12% in each case, so 37.5-10 is 27.5 so answer is 28

Max annual percentage increase in exports happens in 2007-08 (275-200)/200 *100 = 37.5 %Min annual percentage decrease in imports happen in any of the years 2002-03, 2003-04 etc. percentage is (275-250)/275 * 100 or (250-225)/250*100 ...approx 10-12% in each case, so 37.5-10 is 27.5 so answer is 28
Max annual percentage increase in exports happens in 2007-08 (275-200)/200 *100 = 37.5 %Min annual percentage decrease in imports happen in any of the years 2002-03, 2003-04 etc. percentage is (275-250)/275 * 100 or (250-225)/250*100 ...approx 10-12% in each case, so 37.5-10 is 27.5 so answer is 28