Question

If the export of country 'P' in the year 2016 is 20% more than the total exports of country 'Q' in 2014 and export of country 'T' in 2013 together, then what was the profit of 'P' in the year 2016 if its imports were Rs. 92 crore for that year? (in Rs. crore)

• A. 10
• B. 58
• C. 22
• D. 46
• E. 34

Answer 1

The correct option is E 34

Total Exports of Six Countries
$\begin{array}{cccccc}Year& 2011& 2012& 2013& 2014& 2015\\ Country& & & & & \\ P& 20& 40& 60& 45& 90\\ Q& 30& 25& 15& 50& 100\\ R& 50& 55& 70& 90& 65\\ S& 45& 60& 20& 15& 25\\ T& 60& 50& 55& 100& 110\\ U& 24& 40& 60& 75& 120\end{array}$

Total exports of country Q in 2001 = Rs. 50 crore
Total exports of country T in 2001 = Rs. 55 crore
$\therefore$ Together total exports = 50 + 55 = Rs. 105 crore
$\therefore$ Total exports of country P in 2003
$105\times \frac{120}{100}$=Rs. 126 crore
Given, import of country P in 2003 = Rs. 92 crore
$\therefore$ Profit of country P in year 2003 = Exports - Imports
= 126 - 92 = Rs. 34 crore