Question
If the total value of exports for years 1999 and 2000 were same, then the percentage change in the value of imports in 2000 over 1999 is (approx)
Answer: Option A
:
A
Let the total value of exports for both years be 100.
Then value of imports for 1999 = 140
Value of imports for 2000 = 95
So percentage change = (140−95140) × 100 = 32.14%
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:
A
Let the total value of exports for both years be 100.
Then value of imports for 1999 = 140
Value of imports for 2000 = 95
So percentage change = (140−95140) × 100 = 32.14%
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