IPMAT Indore 2019 (MCQ) - The percentage decline in exports during the period 2006-2011 is more than the percentage decline in exports during 2012-2017 by approximately | PYQs + Solutions

IPMAT Indore 2019

DILR

Bar Graphs

Medium

Analyze the given data for exports and imports of rubber in Rs. crores from 2006 to 2017 and answer the questions based on the analysis.

The percentage decline in exports during the period 2006-2011 is more than the percentage decline in exports during 2012-2017 by approximately

16.5

20.5

12.5

21.5

Correct Option: 1

Percentage decline during 2006-2011 period

=\frac{\text{Difference between 2006 and 2011 exports}}{\text{2006 exports}}\times100

=\frac{280-220}{280}\times100=\frac{60}{280}\times100=\text{approximately }21.42

Now, percentage decline during 2012-2017 period will be calculated similarly.

=\frac{210=200}{210}\times100=\frac{10}{210}\times100=\text{approximately } 4.76

As we can see, the first percentage is more than the second by approximately

16.5

, hence Option 1 is the answer.