1 Answers
Option 4 : 2014 - 2015
Total export and import in the year 2013 - 2014 = 638 + 824 = 1462
Total export and import in the year 2014 - 2015 = 1256 + 1014 = 2270
⇒ Percentage increase in 2014 - 2015 as compared to previous year = (2270 - 1462)/1462 × 100 = 55.26%
Total export and import in the year 2015 - 2016 = 1661 + 1137 = 2798
⇒ Percentage increase in 2015 - 2016 as compared to the previous year = (2798 - 2270)/2270 × 100 = 23.25%
Total export and import in the year 2016 - 2017 = 1538 + 1513 = 3051
⇒ Percentage increase in 2016 - 2017 as compared to the previous year = (3051 - 2798)/2798 × 100 = 9.04%
Total export and import in the year 2017 - 2018 = 1305 + 1658 = 2963
⇒ In the year 2017 - 2018, there is a decrease in the total export and import as compared to the previous year.
∴ In the year 2014 - 2015, the percentage increase in total of exports and imports is the highest in comparison to its previous financial year