Calculate the percentage increase in mango imports into the UK between 2012 and 2016.
Answer to the nearest whole percentage. (With working please)
Answers
Answer:
percentage increase = 78.9%
Explanation:
Increase = New number - Original number
%Increase = Increase ÷ Original number × 100
66-38=30
30÷38×100=78.9473...
The percentage increase in mango imports into the UK between 2012 and 2016 is 73.68. The value of goods and services that are exported and imported by countries that engage in international trade is referred to as the export-import ratio.
Given
Year Export
2012 38
2013 47
2014 47
2015 56
2016 66
Required to calculate the percentage increase in export from 2012 to 2016 =?
Increase Percentage = Export in 2016 - Export in 2012 *100 / export in 2012
= 66 - 38 * 100 / 38
= 73.68%
A country gains when its export-import ratio improves because it can increase its exports and decrease its imports.
Thus, the percentage increase in mango imports into the UK between 2012 and 2016 is 73.68.
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