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the value of exports was approximately what percent

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GMAT Club Legend
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Joined: 07 Jun 2014
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GRE 1: Q167 V156
WE: Business Development (Energy and Utilities)
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the value of exports was approximately what percent [#permalink] New post 10 Jan 2016, 17:08
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Question Stats:

100% (01:05) correct 0% (00:00) wrong based on 15 sessions
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In 2008 the value of exports was approximately what percent greater than the value of imports?

A 40%
B 60%
C 70%
D 120%
E 140%


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Question: 5
Page: 163
Difficulty: medium

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Sandy
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GMAT Club Legend
GMAT Club Legend
User avatar
Joined: 07 Jun 2014
Posts: 4749
GRE 1: Q167 V156
WE: Business Development (Energy and Utilities)
Followers: 93

Kudos [?]: 1657 [0], given: 396

CAT Tests
Re: the value of exports was approximately what percent [#permalink] New post 10 Jan 2016, 17:30
Expert's post
Solution

In 2008 imports = $5 Billion.
and Exports = $12 Billion.

Thus we have Exports 2.4 times the imports. Hence Exports are 140% more than imports.
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Sandy
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Re: the value of exports was approximately what percent [#permalink] New post 22 Sep 2018, 07:28
Hi
Can I do it like this- 7/5*100
GMAT Club Legend
GMAT Club Legend
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Joined: 07 Jun 2014
Posts: 4749
GRE 1: Q167 V156
WE: Business Development (Energy and Utilities)
Followers: 93

Kudos [?]: 1657 [0], given: 396

CAT Tests
Re: the value of exports was approximately what percent [#permalink] New post 24 Sep 2018, 08:20
Expert's post
Reetika1990 wrote:
Hi
Can I do it like this- 7/5*100


Yes it is the same thing!
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Sandy
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