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# the value of exports was approximately what percent

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Retired Moderator
Joined: 07 Jun 2014
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GRE 1: Q167 V156
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the value of exports was approximately what percent [#permalink]  10 Jan 2016, 17:08
Expert's post
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Question Stats:

77% (00:42) correct 22% (00:31) wrong based on 94 sessions
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#GREpracticequestion In 2008 the value of exports was approximately.jpg [ 58.61 KiB | Viewed 3112 times ]

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%

Practice Questions
Question: 5
Page: 163
Difficulty: medium
[Reveal] Spoiler: OA

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Sandy
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Retired Moderator
Joined: 07 Jun 2014
Posts: 4803
GRE 1: Q167 V156
WE: Business Development (Energy and Utilities)
Followers: 171

Kudos [?]: 2914 [1] , given: 394

Re: the value of exports was approximately what percent [#permalink]  10 Jan 2016, 17:30
1
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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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Manager
Joined: 08 Dec 2018
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Kudos [?]: 44 [1] , given: 30

Re: the value of exports was approximately what percent [#permalink]  02 Jul 2019, 07:02
1
KUDOS
Such question is all about 'which number is being compared' and 'which is being compared to'.
Intern
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Re: the value of exports was approximately what percent [#permalink]  22 Sep 2018, 07:28
Hi
Can I do it like this- 7/5*100
Retired Moderator
Joined: 07 Jun 2014
Posts: 4803
GRE 1: Q167 V156
WE: Business Development (Energy and Utilities)
Followers: 171

Kudos [?]: 2914 [0], given: 394

Re: the value of exports was approximately what percent [#permalink]  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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