Refer the below data table and answer the following Question.
India's exports in 2015
Category Value in million US$
Jewellery 675
Software 500
Cotton 525
Steel 575
Electronics 725
Jewellery was what percent of total exports?
- A25 percent
- B27.5 percent
- C22.5 percent
- D20 percent
Solution & Step-by-step Explanation
First, calculate the total value of all exports combined:
Total Exports=675+500+525+575+725=3000 million US$
Now, determine the percentage contribution of Jewellery:
Jewellery %=(
Total Exports
Value of Jewellery
)×100
Jewellery %=(
3000
675
)×100=
30
675
=22.5%
Total Exports=675+500+525+575+725=3000 million US$
Now, determine the percentage contribution of Jewellery:
Jewellery %=(
Total Exports
Value of Jewellery
)×100
Jewellery %=(
3000
675
)×100=
30
675
=22.5%