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Question

 If the imports of the company in 1996 was Rs. 272 crores, the exports from the company in 1996 was ?


  1. (a) Rs. 370 crores
  2. (c) Rs. 280 crores
  3. (d) Rs. 275 crores
  4. (b) Rs. 320 crores


Solution

The correct option is D (b) Rs. 320 crores
(b)
Explanation:
Ratio of imports to exports in the year 1996 = 0.85.
Let the exports in 1996 = Rs. x crores.
Then,    272/x = 0.85        
Hence, x = 272/0.85 = 320.
       
 

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