Question

if the imports in 1998 was rs. 250 crores and the total exports in the years 1998 anci 1999 together was rs. 400 crores, then the imports in 1999 was ?

Answer 1

The exact value of imports in 1999 cannot be determined with the provided data because we do not know the export figure for 1998 separately, which is needed to calculate the 1999 imports.

Step-by-step explanation:

If the imports in 1998 were Rs. 250 crores and the total exports in the years 1998 and 1999 together were Rs. 400 crores, we can deduce the following:

• Let Imports_1999 be the value of imports in 1999.
• Since exports usually exceed imports, and given that 1998 imports are known, we can assume that for 1998, exports were less than or equal to Rs. 250 crores.
• Therefore, the sum of exports in 1998 and 1999 (Rs. 400 crores) minus the maximum possible exports in 1998 (Rs. 250 crores), gives us the minimum exports in 1999, which is Rs. 150 crores.
• To find the balance of trade for 1999, we would subtract Exports_1999 from Imports_1999.

However, with the given data alone, we cannot determine the exact value of Imports_1999 because we do not know the export figure for 1998 separately. Without this, we cannot find the 1999 imports figure. Therefore, more data is required to provide a definitive answer.