Question

5. The local government of a state has fixed that a certain percentage of villages, at the beginning
of each year will be provided with TV sets in their community centres. The number of TV sets
provided increased from 2500 in 2011 to 2601 in 2013 calculate the rate of growth of TV sets in
villages in the state.​

Answer 1

rate of growth of TV sets in villages in the state. =  2 %  if TV sets provided increased from 2500 in 2011 to 2601 in 2013

Step-by-step explanation:

TV sets provided   in Year 2011  =  2500

TV sets provided   in Year 2013  =  2601

Increase in TV set in 2Years = 2603 - 2500 = 101

Let say rate of growth of TV sets in villages in the state. = R

=> 2601  = 2500 ( 1  + R/100)²

=> ( 1  + R/100)² = 2601/2500

=> 1 + R/100 = 51/50

=> R/100 = 51/50 - 1

=> R/100 = 1/50

=> R = 2

rate of growth of TV sets in villages in the state. =  2 %

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