In 1995, the export of Company A was double that of Company B. If the imports of Company A during the year was Rs. 180 crores, what was the approximate amount of imports pf Company B during that year? ?->(Show Answer!)

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1. In 1995, the export of Company A was double that of Company B. If the imports of Company A during the year was Rs. 180 crores, what was the approximate amount of imports pf Company B during that year?

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By: guest on 01 Jun 2017 11.13 pm

In 1995 for Company A we have: EA = 1.75 ... (i) IA [where EA = amount of exports, IA = amount of imports of Company a in 1995] In 1995 for Company B we have: EB = 0.75 ... (ii) IB [where EB = amount of exports, IB = amount of imports of Company B in 1995] Also, we have EA = 2EB ... (iii) Substituting IA = Rs. 180 crores (given) in (i), we get: EA = Rs. (180 x 1.75) crores = Rs. 315 crores. Using EA = Rs. 315 crores in (iii), we get: EB = EA = Rs. 315 crores. 2 2 Substituting EB = Rs. 315 crores in (ii), we get: 2 IB = EB = Rs. 315 crores = Rs. 210 crores. 0.75 2 x 0.75 i.e., amount of imports of Company B in 1995 = Rs. 210 crores.

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