?
If the export of country P in the year 2003 is 20% more than the total export of country Q in 2001 and the export of country T in 2000 together, Then what was the profit of P in the year 2003 if its import was Rs. 92 crore for that year? (in Rs. crore)
Answer & Solution
Correct Answer:
Option
E
Total export of country Q in 2001 = Rs. 50 crore
Total export of country T in 2000 = Rs. 55 crore
Total export = 50 + 55 = Rs. 105 crore
Now, total export of country P in 2003
= $$\frac{105\times120}{100}$$
= Rs. 126 crore
Total import of country P in 2003 = Rs. 92 crore
Profit = 126 - 92 = Rs. 34 crore
Total export of country T in 2000 = Rs. 55 crore
Total export = 50 + 55 = Rs. 105 crore
Now, total export of country P in 2003
= $$\frac{105\times120}{100}$$
= Rs. 126 crore
Total import of country P in 2003 = Rs. 92 crore
Profit = 126 - 92 = Rs. 34 crore
Join the Discussion
Login to post a comment or share your explanation.
Login