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GATE 2014 EC (EC1) – Question 9

General Aptitude · Quantitative Aptitude: Arithmetic and Number Computation · 2 marks · Multiple choice

The chart gives a country’s exports and imports (₹ crore) from 2000 to 2007. Trade deficit is imports minus exports. In which year is the deficit one-fifth of exports?

Diagram for GATE 2014 EC (EC1) question 9
  1. 2005
  2. 2004
  3. 2007
  4. 2006

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Show answer and explanation

Correct answer: (D) 2006

Explanation

A trade deficit equal to20% of exports means imports minus exports=0.2×exports, or imports=1.2×exports. In2006 the graph gives exports100and imports120, so the deficit20is exactly20%of100. Thus **2006,D** satisfies the condition.