Question

In which year was the difference between the exports from companies \[X\] and \[Y\] the minimum?

A.1994
B.1995
C.1996
D.1997

Answer 1

Hint: To find the minimum difference in the exports from two companies \[X\] and \[Y\], we can observe the movement of both the graphs and find the year where they are closest to each other. The export of company \[X\] is shown by blue lines in the graph and the export of company \[Y\] is shown by the green line. We need to find a year where the blue line and the green line remain closest to each other.

Complete step-by-step answer:
Beginning with the year 1993, the exports of company \[X\] is Rs.30 crore and the exports of company \[Y\] is Rs.80 crore. Thus their difference in exports will be \[80 - 30 = 50\] crore Rupees.
In 1994, the exports of company \[X\] was Rs.60 crore and the exports of company \[Y\] was Rs.40 crore. Thus their difference in exports will be \[60 - 40 = 20\] crore Rupees.
In the next year 1995, the exports of company \[X\] was Rs.40 crore and the exports of company \[Y\] was Rs.60 crore. Thus their difference in exports will be \[60 - 40 = 20\] crore Rupees.
In 1996, the exports of company \[X\] was Rs.70 crore and the exports of company \[Y\] was Rs.60 crore. Thus their difference in exports will be \[70 - 60 = 10\] crore Rupees.
In the next year 1997, the exports of company \[X\] was Rs.100 crore and the exports of company \[Y\] was Rs.80 crore. Thus their difference in exports will be \[100 - 80 = 20\] crore Rupees.
In the next year 1998, the exports of company \[X\] was Rs.50 crore and the exports of company \[Y\] was Rs.100 crore. Thus their difference in exports will be \[100 - 50 = 50\] crore Rupees.
In the next year 1999, the exports of company \[X\] was Rs.120 crore and the exports of company \[Y\] was Rs.140 crore. Thus their difference in exports will be \[140 - 120 = 20\] crore Rupees.
Thus, by observing the difference in exports each year, we can say that the difference in exports of companies \[X\] and \[Y\] will be minimum in the year 1996, where it was only a difference of Rs.10 Crore
Thus, option (C) is the correct option.

Note: We can also find the difference between the exports of the two companies, by measuring the distance between their export values each year. The year where the distance will be minimum will also have minimum difference in their exports.