Directions to Solve Study the following line graph and answer the questions.

Exports from Three Companies Over the Years (in Rs. crore)

1.

For which of the following pairs of years the total exports from the three Companies together are equal? A. C. 1995 and 1998 1997 and 1998 B. D. 1996 and 1998 1995 and 1996

Answer & Explanation

Answer: Option D Explanation: Total exports of the three Companies X, Y and Z together, during various years are: In 1993 = Rs. (30 + 80 + 60) crores = Rs. 170 crores. In 1994 = Rs. (60 + 40 + 90) crores = Rs. 190 crores. In 1995 = Rs. (40 + 60 + 120) crores = Rs. 220 crores. In 1996 = Rs. (70 + 60 + 90) crores = Rs. 220 crores.

In 1997 = Rs. (100 + 80 + 60) crores = Rs. 240 crores. In 1998 = Rs. (50 + 100 + 80) crores = Rs. 230 crores. In 1999 = Rs. (120 + 140 + 100) crores = Rs. 360 crores. Clearly, the total exports of the three Companies X, Y and Z together are same during the years 1995 and 1996. View Answer Workspace Report Discuss in Forum 2.

Average annual exports during the given period for Company Y is approximately what percent of the average annual exports for Company Z? A. C. 87.12% 91.21% B. D. 89.64% 93.33%

Answer & Explanation

Answer: Option D Explanation: Analysis of the graph: From the graph it is clear that 1. The amount of exports of Company X (in crore Rs.) in the years 1993, 1994, 1995, 1996, 1997, 1998 and 1999 are 30, 60, 40, 70, 100, 50 and 120 respectively. 2. The amount of exports of Company Y (in crore Rs.) in the years 1993, 1994, 1995, 1996, 1997, 1998 and 1999 are 80, 40, 60, 60, 80, 100 and 140 respectively. 3. The amount of exports of Company Z (in crore Rs.) in the years 1993, 1994, 1995, 1996, 1997, 1998 and 1999 are 60, 90,, 120, 90, 60, 80 and 100 respectively. Average annual exports (in Rs. crore) of Company Y during the given period = 1 7 x (80 + 40 + 60 + 60 + 80 + 100 + 140) = 560 7 = 80.

Average annual exports (in Rs. crore) of Company Z during the given period 1 7 600 7

x (60 + 90 + 120 + 90 + 60 + 80 + 100) = 80

Required percentage =

600 7

x 100 %

93.33%.

View Answer Workspace Report Discuss in Forum 3.

In which year was the difference between the exports from Companies X and Y the minimum? A. C. 1994 1996 B. D. 1995 1997

Answer & Explanation

Answer: Option C Explanation: The difference between the exports from the Companies X and Y during the various years are: In 1993 = Rs. (80 - 30) crores = Rs. 50 crores. In 1994 = Rs. (60 - 40) crores = Rs. 20 crores. In 1995 = Rs. (60 - 40) crores = Rs. 20 crores. In 1996 = Rs. (70 - 60) crores = Rs. 10 crores. In 1997 = Rs. (100 - 80) crores = Rs. 20 crores. In 1998 = Rs. (100 - 50) crores = Rs. 50 crores. In 1999 = Rs. (140 - 120) crores = Rs. 20 crores. Clearly, the difference is minimum in the year 1996. View Answer Workspace Report Discuss in Forum 4.

What was the difference between the average exports of the three Companies in 1993 and the average exports in 1998? A. C. Rs. 15.33 crores Rs. 20 crores B. D. Rs. 18.67 crores Rs. 22.17 crores

Answer & Explanation

Answer: Option C

Explanation: Average exports of the three Companies X, Y and Z in 1993 1 3 170 3

= Rs.

x (30 + 80 + 60)

crores = Rs.

crores.

Average exports of the three Companies X, Y and Z in 1998 1 3 230 3

= Rs.

x (50 + 100 + 80) 230 3 60 3 -

crores = Rs. crores

crores.

Difference = Rs.

170 3

= Rs.

crores

= Rs. 20 crores. View Answer Workspace Report Discuss in Forum 5.

In how many of the given years, were the exports from Company Z more than the average annual exports over the given years? A. C. 2 4 B. D. 3 5

Answer & Explanation

Answer: Option C Explanation: Average annual exports of Company Z during the given period = 1 7 x (60 + 90 + 120 + 90 + 60 + 80 + 100) 600 7 crores

= Rs.

= Rs. 85.71 crores. From the analysis of graph the exports of Company Z are more than the average annual exports of Company Z (i.e., Rs. 85.71 crores) during the years 1994, 1995, 1996 and 1999, i.e., during 4 of the given years.

Directions to Solve

The following line graph gives the ratio of the amounts of imports by a company to the amount of exports from that company over the period from 1995 to 2001.
Ratio of Value of Imports to Exports by a Company Over the Years.

1.

If the imports in 1998 was Rs. 250 crores and the total exports in the years 1998 and 1999 together was Rs. 500 crores, then the imports in 1999 was ? A. C. Rs. 250 crores Rs. 357 crores B. D. Rs. 300 crores Rs. 420 crores

Answer & Explanation

Answer: Option D Explanation: The ratio of imports to exports for the years 1998 and 1999 are 1.25 and 1.40 respectively. Let the exports in the year 1998 = Rs. x crores. Then, the exports in the year 1999 = Rs. (500 - x) crores. 1.25 = 250 x x= 250 1.25 = 200 [Using ratio for 1998]

Thus, the exports in the year 1999 = Rs. (500 - 200) crores = Rs. 300 crores.

Let the imports in the year 1999 = Rs. y crores. Then, 1.40 = y 300 y = (300 x 1.40) = 420.

Imports in the year 1999 = Rs. 420 crores. View Answer Workspace Report Discuss in Forum 2.

The imports were minimum proportionate to the exports of the company in the year ? A. C. 1995 1997 B. D. 1996 2000

Answer & Explanation

Answer: Option C Explanation: The imports are minimum proportionate to the exports implies that the ratio of the value of imports to exports has the minimum value. Now, this ratio has a minimum value 0.35 in 1997, i.e., the imports are minimum proportionate to the exports in 1997. View Answer Workspace Report Discuss in Forum 3.

What was the percentage increase in imports from 1997 to 1998 ? A. C. 72 28 B. D. 56 Data inadequate

Answer & Explanation

Answer: Option D Explanation: The graph gives only the ratio of imports to exports for different years. To find the percentage increase in imports from 1997 to 1998, we require more details such as the value of imports or exports during these years. Hence, the data is inadequate to answer this question. View Answer Workspace Report Discuss in Forum

4.

If the imports of the company in 1996 was Rs. 272 crores, the exports from the company in 1996 was ? A. C. Rs. 370 crores Rs. 280 crores B. D. Rs. 320 crores Rs. 275 crores

Answer & Explanation

Answer: Option B Explanation: Ratio of imports to exports in the year 1996 = 0.85. Let the exports in 1996 = Rs. x crores. Then, 272 x = 0.85 x= 272 0.85 = 320.

Exports in 1996 = Rs. 320 crores. View Answer Workspace Report Discuss in Forum 5.

In how many of the given years were the exports more than the imports ? A. C. 1 3 B. D. 2 4

Answer & Explanation

Answer: Option D Explanation: The exports are more than the imports imply that the ratio of value of imports to exports is less than 1. Now, this ratio is less than 1 in years 1995, 1996, 1997 and 2000. Thus, there are four such years.