In a factory the production of motor bikes rose to 23328 from 20000 in 2 years. Find the rate of growth of the production of motor bike.
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Original number of production=20000
Increased number of production=23328
Time=2 years
Rate=?
Let the rate be r
Difference between the increased production and original product=23328-20000
=3328
A.T.Q
Increased number=Original number×Rate×Time/100
23328=20000×r×1/100
On solving,we get
16.61(ANSWER)
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