Question

Given that the weight (%) of Petroleum crude and products in the total imports of India is 26.70, 27.87, and 30.87 in the years 2003-04,2004-05, and 2005-06 respectively. What is the ratio of yearly difference in the export of Petroleum Products and import of Petroleum crude and products, in dollar terms, in the year 2005-06 versus 2004-05?

• A. 1.36
• B. 1.38
• C. 1.46
• D. 1.48

Answer 1

The correct option is A 1.36

option (a)
$\frac{30.87\times 6.30-11.21\times 4.54}{27.87\times 5.01-8.57\times 3.57}=1.36approx.$