The percentage of growth in exports of five companies in the last four years is presented below. % of…
Company D's exports in 2019 were approximately Rs. 100 crores. Its exports in 2022 were 41/0.25 = Rs. 164 crores. Reversing the growth gives 164/(1.05 × 1.30 × 1.20) =…
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The percentage of growth in exports of five companies in the last four years is presented below.
% of Growth in Exports (Growth %, by Companies)
% of Growth in Exports (Growth %, by Companies)
| A | B | C | D | E | |
| 2020 | 10 | 15 | 8 | 5 | 12 |
| 2021 | 20 | 15 | 20 | 30 | 20 |
| 2022 | 30 | 30 | 30 | 20 | 28 |
| 2023 | 45 | 38 | 30 | 40 | 42 |
Company D had earned a profit of Rs. 41 crores, which was 25% of its exports in 2022. What were its exports in 2019 approximately?
Answer and explanation
Correct answer D
Company D's exports in 2019 were approximately Rs. 100 crores. Its exports in 2022 were 41/0.25 = Rs. 164 crores. Reversing the growth gives 164/(1.05 × 1.30 × 1.20) = 164/1.638, approximately Rs. 100.12 crores.
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