The percentage of growth in exports of five companies in the last four years is presented below. % of…
Four companies had exports below Rs. 100 crores in 2019. Dividing Rs. 130 crores by the combined 2020 and 2021 growth factors gives approximately Rs. 98.48 crores for A, Rs.…
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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 |
In 2021 the exports of each company was Rs. 130 crores. How many companies had exports below Rs. 100 crores in 2019
Answer and explanation
Correct answer B
Four companies had exports below Rs. 100 crores in 2019. Dividing Rs. 130 crores by the combined 2020 and 2021 growth factors gives approximately Rs. 98.48 crores for A, Rs. 98.30 crores for B, Rs. 100.31 crores for C, Rs. 95.24 crores for D and Rs. 96.73 crores for E. Only C was above Rs. 100 crores.
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