The exports and imports (in crores of Rs.) of a country from 2000 to 2007 are given in the following bar chart. If the trade deficit is defined as excess of imports over exports, in which year is the trade deficit 1/5th of the exports? A. 2005 B. 2004 C. 2007 D. 2006
GATE 2014 · General Aptitude · Bar Graph · medium
Answer: The trade deficit equals 1/5th of exports in the year 2006 (Option D).
- Express the condition algebraically: We need a year where imports are exactly 20% more than exports. Read approximate bar values from the chart for each candidate year.
- Test each option year: 2005: from chart exports ~7000, imports ~8000, deficit ~1000, ratio ~1000/7000 ~ 1/7 (not 1/5). 2004: exports ~8500, imports ~9500, deficit ~1000, ratio ~ 1/8.5 (not 1/5). 2007: exports ~10000, imports ~11000, deficit ~1000, ratio ~1/10 (not 1/5). 2006: exports ~7500, imports ~9000, deficit ~1500, ratio = 1500/7500 = 1/5. Check: 1/5 satisfied.
- Confirm answer: For 2006, reading the bar values: exports = 7500 crores, imports = 9000 crores. Deficit = 9000 - 7500 = 1500. 1500 / 7500 = 0.2 = 1/5. Condition satisfied only in 2006.