Quantitative Aptitude Ques 2398

Question: Directions: Study the following table and answer the given questions. [IBPS (SO) IT 2014]

Total Exports of Six Countries over Five Years (in Rs. crore) Year country 1998 1999 2000 2001 2002 P 20 40 60 45 90 Q 30 25 15 50 100 R 50 55 70 90 65 S 45 60 20 15 25 T 60 50 55 100 110 U 24 40 60 75 120 Note Profit = Exports $ - $ Imports If the export of country P in the year 2003 is 20% more than the total exports of country Q in 2001 and export of country T in 2000 together, then what was the profit of P in the year 2003 if its imports were Rs. 92 crore for that year? (in Rs. crore)

Options:

A) 10

B) 58

C) 22

D) 46

E) 34

Show Answer

Answer:

Correct Answer: E

Solution:

  • Total export of country Q in 2001 = Rs. 50 crore Total export of country T in 2000 = Rs. 55 crore

$ \therefore $ Together total export $ =50+55=Rs.,105crore $

$ \therefore $ Total export of country P in 2003 $ =105\times \frac{120}{100}=Rs.,126,crore $ Given, import of country P in 2003 = Rs. 92 crore

$ \therefore $ Profit of country P in year 2003 = Export $ - $ Import $ =126-92=Rs.,34crore $