A Factory increased its production of cars from 80000 in the year 2006-2007 to 92610 in 2009-2010.Find the annual rate of growth of production of cars.
Asked by | 23rd Jul, 2013, 11:53: AM
Expert Answer:
Rate of growth = increase/ original number of cars * 100
Rate of growth = (92610 - 80000) / 80000 *100
Rate of growth = 15.76%
Answered by | 26th Jul, 2013, 05:13: AM
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