Q1: In 1995, the export of Company A was double that of Company B. If the imports of Company A during the year was Rs. 180 crores, what was the approximate amount of imports pf Company B during that year?

ANS:B - Rs. 210 crores

In 1995 for Company A we have:

EA	= 1.75 ... (i)
IA

[where E_A = amount of exports, I_A = amount of imports of Company a in 1995] In 1995 for Company B we have:

EB	= 0.75 ... (ii)
IB

[where E_B = amount of exports, I_B = amount of imports of Company B in 1995] Also, we have E_A = 2E_B ... (iii) Substituting I_A = Rs. 180 crores (given) in (i), we get:         E_A = Rs. (180 x 1.75) crores = Rs. 315 crores. Using E_A = Rs. 315 crores in (iii), we get:

EB =	EA	= Rs.		315		crores.
	2			2

Substituting EB = Rs.		315		crores in (ii), we get:
		2

IB =	EB	= Rs.		315		crores = Rs. 210 crores.
	0.75			2 x 0.75

i.e., amount of imports of Company B in 1995 = Rs. 210 crores.