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What is the approximate percentage increase in the export of all the countries together in the year 2022 in comparison to the year 2020?
Question

What is the approximate percentage increase in the export of all the countries together in the year 2022 in comparison to the year 2020?

A.

40.67%

B.

72.39%

C.

38.89%

D.

62.99%

Correct option is C

Given:
The total exports of six countries A-F over the five years from 2019 to 2023
Formula Used:
Percentage Increase/Decrease =Increase/DecreaseinValueOriginal Value×100 \frac{Increase/Decrease in Value}{Original\ Value} \times 100​​
Solution:
Total exports of all countries in the year 2020 is :
80+50+110+120+100+80 = Rs. 540 crores
Total exports of all countries in the year 2022 is:
90+100+180+30+200+150 = Rs. 750 crores
Increase in export in 2022 from 2020 = 750-540 = Rs. 210 crores
Percentage increase = 210540×100=38.889%\frac{210}{540} \times 100 = 38.889\%​​

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