Direction for questions 1 to 4:

If the trade deficit in 2015 is Rs. 12320 crores, then the trade deficit in 2014, expressed in million pounds, is equal to
Direction for questions 1 to 4:

If the trade deficit in 2015 is Rs. 12320 crores, then the trade deficit in 2014, expressed in million pounds, is equal to
(b)
The trade deficit has increased by 6 percent in 2015 as compared to the previous year 2014.
Now, Trade deficit in 2015 = 1.06 * trade deficit in 2014
Trade deficit in 2014 = 12320/1.06
= Rs. 11622 crores
In 2014, 1 pound = Rs. 38
The trade deficit in 2014 in million pounds
= 11622/38
= £305.8 crores
=
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(c) &n
the highest average is Rs. 136
Using the data from above question, the lowest average is Rs. 100.
We get the following table of earnings:
Persons | Win Total | Average |
P | 36 * 150 + 14 * 100 = 6800 | 136 |
Q | 34 * 150 + 21 * 100 = 7200 | 131 |
R | 23 * 150 + 36 * 100 = 6850 | 116 |
S | 30 * 150 + 30 * 100 = 6000 | 100 |
Now we can see that the largest difference
= Maximum – Minimum = Rs. 7500 – Rs. 6800
= Rs. 700
IITs = 60; IIMS = 40
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