Answer the questions based on the given figure below. Out of the given years,…

2023

Answer the questions based on the given figure below.

Out of the given years, in how many did the export exceed the import by more than 10%?

  1. A.

    1

  2. B.

    2

  3. C.

    3

  4. D.

    4

Show answer & explanation

Correct answer: B

Concept: A year satisfies “export exceeds import by more than 10%” only when export is greater than import × 1.10 (equivalently, export minus import is more than 10% of that year's import). A year where export merely exceeds import — but by 10% or less — does NOT qualify.

Applying this to the figure, checking each year in turn:

  1. 2000: export 60, import 50. Threshold = 50 × 1.10 = 55. Since 60 is greater than 55, this year qualifies.

  2. 2001: export 110, import 100. Threshold = 110. 110 is not more than 110 (exactly 10% above, not more), so this year does not qualify.

  3. 2002: export 120, import 130. Export is below import here, so it fails immediately.

  4. 2003: export 120, import 100. Threshold = 110. Since 120 is greater than 110, this year qualifies.

  5. 2004: export 150, import 140. Threshold = 154. Since 150 is less than 154, this year does not qualify.

  6. 2005: export 190, import 180. Threshold = 198. Since 190 is less than 198, this year does not qualify.

Cross-check: recounting the qualifying years — 2000 and 2003 — gives exactly two years, confirming the count of 2.

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