Direction for questions 1 to 4:

Exports in 2014 were Rs. 28950 crores. If the value of imports was the same for 2013 and 2014, find the exports in 2013.

Option 1 - Rs. 26870 crores

Option 2 - Rs. 27000crores

Option 3 - Rs. 26000crores

Option 4 - Data insufficient

4 Views|Posted 6 months ago

Asked by Shiksha User

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Answered by

Vishal Baghel | Contributor-Level 10

6 months ago

Correct Option - 4

Detailed Solution:

(d)

The trade deficit has increased by 5 percent in 2014 as compared to the previous year 2013.

Trade deficit in 2014

$= T r a d e d e f i c i t i n 2013 + \frac{5}{100} (T r a d e ? d e f i c i t ? i n ? 2013 ? ?)$

$= T r a d e d e f i c i t i n 2014 = \frac{105 (T r a d e ? d e f i c i t ? i n ? 2013 ? ?)}{100}$

(Exports in 2014 – Imports in 2014) = 1.05 * (Exports in 2013 – Imports in 2013)

Now, Imports in 2014 = Imports in 2013 = z

28950 – z = 1.05 * (Exports in 2023 – z)

We have two vari

Upvote

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Result/Players	P	Q	R	S
Won	23	18	10	16
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Direction for questions 1 to 4: Exports in 2014 were Rs. 28950 crores. If the value of imports was the same for 2013 and 2014, find the exports in 2013.

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Direction for questions 1 to 4:

Exports in 2014 were Rs. 28950 crores. If the value of imports was the same for 2013 and 2014, find the exports in 2013.