Assume whatever that is not sold domestically was exported, then which year has registered highest growth in exports of automobiles?
Explanation:
From the previous solution, we have total Automobile Production for the given years as follows: 2004: 1775; 2005: 1700;
2006: 2175 2007: 2325 2008: 2200
Now, domestic sales can be calculated as:
Year 2004: 700 + 450 + 300 = 1450
Year 2005: 675 + 500 + 350 = 1525
Year 2006: 900 + 625 + 400 = 1925
Year 2007: 1050 + 600 + 375 = 2025
Year 2008: 975 + 550 + 350 = 1875
Exports = Total Production – Domestic sales
∴ Exports for the given years:
2004 = 1775 – 1450 = 325
2005 = 1700 – 1525 = 175
2006 = 2175 – 1925 = 250
2007 = 2325 – 2025 = 300
2008 = 2200 – 1875 = 325
∴ Highest growth in exports was registered in the year 2006 = (250 – 175) = 75
Hence, option (b).
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