Question

The net total Deficit/Surplus is equal to?

${\text{ (i) 4656}}{\text{.6 Surplus}}$
${\text{(ii) 4656}}{\text{.6 Deficit}}$
${\text{(iii) 3836}}{\text{.5 Deficit}}$
${\text{(iv) None Of The Above}}$

Answer 1

Hint: To calculate the net deficit or surplus we have to add all the positive values and subtract all the negative values.

Complete step-by-step solution:
All the values which are in negative are in a Trade deficit since the values are below $0$ in the graph, and all the values which are in positive are in a Trade surplus since the values are above $0$ in the graph.
From the above bar chart, the following table can be made:

Country	Trade Deficit/Surplus
Pakistan	deficit of \[Rs.{\text{ }}1238\] Crores
Bangladesh	deficit of \[Rs.{\text{ }}1225\] Crores
Oman	deficit of \[Rs.{\text{ }}1131.3\] Crores
Nigeria	deficit of \[Rs.{\text{ }}776.8\] Crores
India	deficit of \[Rs.{\text{ }}514.1\] Crores
New Zealand	deficit of \[Rs.{\text{ }}505.3\] Crores
South Africa	deficit of \[Rs.{\text{ }}425.7\] Crores
Korea	deficit of \[Rs.{\text{ }}425.7\] Crores
Nambia	deficit of \[Rs.{\text{ }}134.9\] Crores
Australia	deficit of \[Rs.{\text{ }}101.8\] Crores
Japan	deficit of \[Rs.{\text{ }}41.3\] Crores
China	deficit of \[Rs.{\text{ }}39.4\] Crores
Netherlands	deficit of \[Rs.{\text{ }}16.8\] Crores
Sri Lanka	surplus of \[Rs.{\text{ }}305.7\] Crores
UAE	surplus of \[Rs.{\text{ }}427.7\] Crores
USA	surplus of \[Rs.{\text{ }}462\] Crores
UK	surplus of \[Rs.{\text{ }}665\] Crores

Now to calculate the Net Total Deficit/Surplus we have to add all the deficits and surplus.
Therefore, the Net total is:
$
   \Rightarrow ( - 1238) + ( - 1225) + ( - 1131.3) + ( - 776.8) + ( - 514.1) + ( - 505.3) + ( - 425.7) + ( - 366.6) + ( - 134.9) \\
   + ( - 101.8) + ( - 41.3) + ( - 39.4) + ( - 16.8) + (305.7) + (427.7) + (462) + (665) \\
 $On simplifying the above equation, we get:
$
   \Rightarrow - 1238 - 1225 - 1131.3 - 776.8 - 514.1 - 505.3 - 425.7 - 366.6 - 134.9 - 101.8 \\
   - 41.3 - 39.4 - 16.8 + 305.7 + 427.7 + 462 + 665
 $
Now we will add all the negative terms and the positive terms and the simplified equation becomes:
$ \Rightarrow - 6517 + 1860.4$
Since the greater term has a negative sign the sum will be a negative number which upon adding we get:
$ \Rightarrow - 4656.6$
Since the number is a negative number this indicates that the net total Trade is a Deficit.

$\therefore $ The correct answer is option ${\text{(ii)}}$ which is \[4656.6\] deficit.

Note: Whenever, there is addition between 2 negative numbers example $( - a) + ( - b)$ then the sum is a negative number.
And during the addition between a positive and a negative number the final answer has the sign of the greater number.