Economy, asked by thangamba9071, 10 months ago

Surplus of balance of trade of one country is ₹ 3,000 crore. If the value of export is ₹ 8,000 crore, calculate the value of import.

Answers

Answered by subhashnidevi4878
2

Value of imports is Rs.5000 crore

Explanation:

Given,

Balance of trade = Rs.3000 crore

Value of exports = Rs.8000 crore

Value of import = ?

We know that,

Balance of trade = value of exports - value of imports

Value of imports = value of exports - balance of trade

= 8000 - 3000

= 5000 crore

Value of imports is Rs.5000 crore

Answered by SparklingThunder
0

\huge  \purple{ \underline{ \boxed{ \red{ \mathbb{ANSWER : }}}}}

 \red{ \textsf{Value of imports is  \orange{Rs. 5000 crore .}}}

\huge  \purple{ \underline{ \boxed{ \red{ \mathbb{EXPLANATION : }}}}}

 \large \green{ \underline{ \underline{ \mathbb{GIVEN : }}}}

 \orange{ \textsf{Balance of trade  = Rs. 3000 crore}}

 \orange{ \textsf{Value of exports = Rs. 8000 crore}}

 \large \green{ \underline{ \underline{ \mathbb{FORMULA \:  USED : }}}}

 \orange{ \textsf{Balance of trade = Value of exports - Value of imports }}

 \large \green{ \underline{ \underline{ \mathbb{SOLUTION : }}}}

 \red{ \textsf{Balance of trade = Value of exports - Value of imports }}

 \red{ \textsf{  3000 crore = 8000 crore - Value of imports }}

\red{ \textsf{Value of imports = 8000 crore - 3000 crore }}

\red{ \textsf{Value of imports = 5000 crore}}

 \large \green{ \underline{ \underline{ \mathbb{KNOW \:  MORE : }}}}

 \orange{ \mathbb{BALANCE  \: OF  \: TRADE : }}

Balance of trade is the difference between a country's exports and imports of goods .

 \orange{ \mathbb{EXPORTS : }}

Goods and services produced in one country but supplied to buyers in another are known as exports .

 \orange{ \mathbb{IMPORTS : }}

An import is a good or service bought in one country that was produced in another country .

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