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

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.