Question

44 Suppose that the Balance of Trade (BOT) of a nation, exhibits a deficit of 10,000 crores. The export of merchandise of the nation is half of the imports of merchandise to the rest of the world. The value of imports would be crores. (Fill up the blank with correct alternative) a) 30,000 b) 40,000. c) 20,000. d) 35,000 45 Read the following statements carefully and choose the correct alternatives given below Statement 1​

Answer 1

40000 is the answer

Please mark me brainlest

Answer 2

Given:

Balance of trade = 10000crores (deficit)

export = half of imports.

To find

value of the imports.

Solution:

Balance of trade = 10,000 crores in deficit

export = half of imports.

Let the imports be 'x'

$balance \: of \: trade = imports - exports$

$10000 = x - \frac{x}{2}$

$10000 = \frac{2x - x}{2}$

$2 \times 10000 = x$

$x = 20000$

Therefore the value of imports is 20000 crores.

The correct option from the given options is option (c) 20,000 crores