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.
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Answer 1

Step-by-step explanation:

Growth rate= present - past / past

Hence, in this case, growth rate = 2601-2500/2500

= 0.04 (approx)

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