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Ratio of Exports to Imports (in terms of money in Rs. crores) of Two Companies Over the Years

Q1: If the imports of Company A in 1997 were increased by 40 percent, what would be the ratio of exports to the increased imports?

A 1.20

B 1.25

C 1.30

D cannot be determined

ANS:B - 1.25

                                                    In 1997 for Company A we have:

     
E= 1.75     i.e.,     E = 1.75I
I
where E amount of exports, I = amount of imports of Company A in 1997. Now, the required imports I1 = I + 40% of I = 1.4I.                
Therefore Required ratio =E=1.75I= 1.25.
I11.4I
                                               



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