Over all the given years, the average export of country E _______ % more than the average is export of country C.
- AOption (a)
\(13 \frac{7}{11}\)
- BOption (b)
\(9 \frac{1}{11}\)
- COption (c)
\(13 \frac{5}{7}\)
- DOption (d)
\(12\frac{1}{7}\)
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Correct answer
\(13 \frac{7}{11}\)
Why this answer is correct
Given:
Total exports of country E from 2019 to 2023 = ₹120 + ₹100 + ₹110 + ₹200 + ₹220 = ₹750
Total exports of country C from 2019 to 2023 = ₹100 + ₹110 + ₹140 + ₹180 + ₹130 = ₹660
Formula used:
Average = Total Exports ÷ Number of Years
Percentage Difference = (Difference between the Averages ÷ Average of Country C) × 100
Calculations:
Average exports of country E = ₹750 ÷ 5 = ₹150
Average exports of country C = ₹660 ÷ 5 = ₹132
⇒ Difference between averages = ₹150 - ₹132 = ₹18
⇒ Percentage Difference = (₹18 ÷ ₹132) × 100 = 1800 ÷ 132 = \(13 \frac{7}{11}\)
∴ The correct answer is option (1): \(13 \frac{7}{11}\)