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

1.20

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1.25

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1.30

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None of these

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Cannot be determined

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Solution

The correct option is B
1.25

In 1997 for Company A:

$\frac{E}{I} = 1.75 \to E = 1 .751$ [where E = amount of exports and I = amount of imports of Company A in 1997]

Now, the required imports I $_{1}$ = I + 40% of I = 1.41

$∴$ Required ratio $= \frac{E}{I_{1}} = \frac{1.751}{1.41} = 1.25$

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

The correct option is B 1.25 In 1997 for Company A: EI=1.75→ E=1.751 [where E = amount of exports and I = amount of imports of Company A in 1997] Now, the required imports I1 = I + 40% of I = 1.41 ∴ Required ratio =EI1=1.7511.41=1.25

The correct option is B
1.25

In 1997 for Company A:

$\frac{E}{I} = 1.75 \to E = 1 .751$ [where E = amount of exports and I = amount of imports of Company A in 1997]

Now, the required imports I $_{1}$ = I + 40% of I = 1.41

$∴$ Required ratio $= \frac{E}{I_{1}} = \frac{1.751}{1.41} = 1.25$