Question

In a factory, the production of
cycles rose to 48,400 from
40,000 in 2 years. The rate of
growth per annum is? explanation please​

Answer 1

Answer:

10%

Step-by-step explanation:

The production of cycles rose to 48,400 from 40,000 in 2 years

⇒ Present production = 40,000

⇒ After two years = 48,000

⇒ Time = 2 years

⇒ Rate of increasement = ?

According to the question,

Production after 2 years

= Present production(1+R100)t

⇒48,400 = 40,0000 (1+R1002)

⇒484400=(1+R100)2

⇒1+R1002220

⇒R100=110

⇒R=10%

⇒Rate of increasement = 10%

Answer 2

Step-by-step explanation:

.If the rate of increase per annum

be R%, then

A= P(1+(r)t1001+(r)t100)

48400 = 40000((1+(r)21001+(r)2100)

R = 10%