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Question

If the exports of Company A in 1998 were Rs. 237 crores, what was the amount of imports in that year?

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A
Rs. 189.6 crores
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B
Rs. 243 crores
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C
Rs. 281 crores
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D
Rs. 316 crores
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Solution

The correct option is D: Rs. 316 crores

Let the amount of imports of Company A in 1998 be Rs. x crores.

ration of export to import in 1998 of company A =0.75

Then, 237x=0.75 [ Export in 1998 is 237 crores]

x=2370.75=316

Amount of imports of Company A in 1998=Rs. 316 crores.


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