The following table shows the imports and exports (in Rs.crore) of a country over 4 years (2016 to 2019).
|
Years |
2016 |
2017 |
2018 |
2019 |
|
Imports |
125 |
145 |
165 |
188 |
|
Exports |
130 |
150 |
175 |
200 |
The average trade balance (in Rs.crores) is:
Answer & explanation
Correct answer: option 1
Total trade balance = ( 130 - 125 ) + ( 150 - 145 ) + ( 175 - 165 ) + ( 200 - 188 )
= 5 + 5 + 10 + 12
= 32
Average = \(\frac{32}{4}\)
= 8