Question

in a factory the production of scooters increased from 20000 to 26620 in 3 years find the annual rate of growth

Answer 1

Total production(before)= 20000
Total production (now)= 26620
So, production increased= 26620-20000= 6620

Rate of increase= 6620/3 years
Rate of increase in 1 year= 6620÷ 3
=2206.222 per year..answer

Answer 2

the increased rate in 3 years = 26620 - 20000
                                                  =  6620
the increased rate in 1 year    =   6620/3
 the annual rate of growth is    =  226.66