In a factory, the production of motorcycles increased from 10000 units to 13310 units in 3 years. Find the annual rate of growth
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Answered by
15
The annual rate of growth is 10%.
Step-by-step explanation:
- Given data
Time (T) = 3 years
Starting production (P) = 10000 units
Final production (A) = 13310 units
Let annual rate of growth compound annually = R %
- From relation
On putting respective value in above equation, we get
This can be written as
- On taking cube root on both side, we get
So
R =10 %
Answered by
2
Answer:
10%
Step-by-step explanation:
thank you....
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