If the imports of Company A in 1997 were increased by 40 percent, what would be the ratio of exports to the increased imports?

1.2

No worries! We‘ve got your back. Try BYJU‘S free classes today!

1.25

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

1.3

No worries! We‘ve got your back. Try BYJU‘S free classes today!

cannot be determined

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is C 1.25
In 1997 for Company A we have:
$\frac{E}{l} = 1.75$ i.e., E = 1.75I
where E amount of exports, l = amount of imports of Company A in 1997.
Now, the required imports $l_{1}$ = I+40% of I=1.4I.
$∴$ Required ratio =
$\frac{E}{I_{1}} = \frac{1.75 I}{1.4 I} = 1.25$

Suggest Corrections

Similar questions

If the imports of company A in 1997 were Rs. 8.40 crore, what were the exports (in Rs.) of company B in 1998?

It is given that Imports - Exports = x for company A in 1993 and the imports of company A in 1993 were Rs. 3.6 crore. It is also given that Imports - Exports = a for company B in 1997 and the exports of company B in 1997 were Rs. 5 crore. What is the relationship between a and x?

If the imports of company A in 1998 were Rs. 10.40 crore, what were the exports (in Rs.) of company A in the same year?

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

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

Join BYJU'S Learning Program

If the imports of Company A in 1997 were increased by 40 percent, what would be the ratio of exports to the increased imports?

The correct option is C 1.25In 1997 for Company A we have:El=1.75 i.e., E = 1.75Iwhere E amount of exports, l = amount of imports of Company A in 1997.Now, the required imports l1 = I+40% of I=1.4I.∴ Required ratio = EI1=1.75I1.4I=1.25

The correct option is C 1.25
In 1997 for Company A we have:
$\frac{E}{l} = 1.75$ i.e., E = 1.75I
where E amount of exports, l = amount of imports of Company A in 1997.
Now, the required imports $l_{1}$ = I+40% of I=1.4I.
$∴$ Required ratio =
$\frac{E}{I_{1}} = \frac{1.75 I}{1.4 I} = 1.25$