Use app×
Join Bloom Tuition
One on One Online Tuition
JEE MAIN 2025 Foundation Course
NEET 2025 Foundation Course
CLASS 12 FOUNDATION COURSE
CLASS 10 FOUNDATION COURSE
CLASS 9 FOUNDATION COURSE
CLASS 8 FOUNDATION COURSE
0 votes
435 views
in Statistics by (15 points)
a certain store made weekly profit of Rs. 5000, Rs. 10000 and Rs. 80000 in 2006, 2007, 2008 respectively. Determine the average rate of growth of this store's profit

Please log in or register to answer this question.

1 Answer

0 votes
by (15.4k points)
minu9761, hello

The rate of growth of the store's profit from 2006 to 2007 was 200%

The rate of growth of the store's profit from 2007 to 2008 was 800%

Therefore the average rate of growth over the two years was 500%

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.

Categories

...