The balance of trade shows a surplus of Rs 10,000 crores and the import of merchandise is half of the export of merchandise. Find the value of exports.

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Solution

Suppose the value of exports = X

Balance of Trade = Rs 10,000 crores

Import = $\frac{1}{2}$ of Export

$\Rightarrow 10, 000 = X - \frac{X}{2} \Rightarrow 10, 000 = \frac{X}{2} \Rightarrow X = 20, 000$

Exports = Rs 20,000 crores

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