If United States imports increased 20 percent and exports decreased 10 percent during a certain year, the ratio of imports to.
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If United States imports increased 20 percent and exports decreased 10 percent during a certain year, the ratio of imports to exports at the end of the year was how many times the ratio at the beginning of the year? a) b) Difficulty: Hard c) d) e) 2 HINT Since the imports increased by 20%, the end-of-year imports were 120% of the original imports. Also, since the exports decreased by 10%, the end-of-year exports were 90% of the original exports. If the original imports are represented by I and the original exports by E, then the end-of-year imports and exports would be represented by 1.20I and 0.90E, respectively. B: 4/3 Explanation Express What You Know in Mathematical Terms Write the ratio of imports to exports as . At the end of the year, imports were up by 20%. So the end-of-year imports can be expressed as 100% of the start-of-year imports plus 20%, or 120% of I. At the end of the year, exports were down by 10%. So the end-of-year exports can be expressed as 100% of the start-of-year exports minus 10%, or 90% of E. The ratio of imports to exports at the end of the year can be expressed as . This is equivalent to of .