If total software exports in 2000 – 2001 were expected to be Rs 10,000 crore…
2024
If total software exports in 2000 – 2001 were expected to be Rs 10,000 crore and the growth of Infosys is the same as it was in 1999 – 2000, what would have been Infosys’ share of exports of these 12 companies in 2000 – 2001?
- A.
15%
- B.
18%
- C.
19%
- D.
20%
Show answer & explanation
Correct answer: A
Concept: To project a company's figure for a future period from a known growth trend, first find the percentage growth between the two most recent known periods, then apply that same growth rate to the latest known value to get the projected figure; finally express that projected figure as a percentage of the given overall total to obtain its share.
Growth of Infosys from 1998-99 to 1999-2000 = (869.70 − 500.25) / 500.25 × 100 ≈ 73.85%.
Projected export value for 2000-01 = 869.70 × (1 + 0.7385) ≈ Rs 1,512 crore.
Share of total expected software exports = (1512 / 10000) × 100 ≈ 15.1%, i.e. approximately 15%.
Cross-check: Using the commonly rounded growth figure of about 74% instead of the precise 73.85% gives 869.70 × 1.74 ≈ Rs 1,513 crore — still about 15.1% of Rs 10,000 crore, confirming the result holds even with rounding.
Result: Infosys' expected share of total software exports in 2000-01 is approximately 15%, so the correct option is the one showing 15%.