Question
Download Solution PDFThe import and export of a country (in lakhs rupees) during a certain period of time is given in the following bar-graph.
Read the bar-graph carefully and answer the following question.
During which year the difference between import and export is minimum?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
Import:
In Year 2015-16 = 738 lakhs rupees
In Year 2016-17 = 1200 lakhs rupees
In Year 2017-18 = 1600 lakhs rupees
In Year 2018-19 = 1537 lakhs rupees
In Year 2019-20 = 1310 lakhs rupees
Export:
In Year 2015-16 = 825 lakhs rupees
In Year 2016-17 = 1014 lakhs rupees
In Year 2017-18 = 1240 lakhs rupees
In Year 2018-19 = 1522 lakhs rupees
In Year 2019-20 = 1650 lakhs rupees
Calculation:
Difference in import and export in Year 2015-16 = 825 - 738 = 87 lakhs rupees
Difference in import and export in Year 2016-17 = 1200 - 1014 = 186 lakhs rupees
Difference in import and export in Year 2017-18 = 1600 - 1240 = 360 lakhs rupees
Difference in import and export in Year 2018-19 = 1537 - 1522 = 15 lakhs rupees
Difference in import and export in Year 2019-20 = 1650 - 1310 = 340 lakhs rupees
∴ The difference between import and export is minimum in the year 2018-19.
Last updated on Jul 12, 2025
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