In a factory the production of scooters rose to 48400 from 40000 in 2 years. Find the rate of growth , per annum
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Given ;-
A= 48,400
P = 40000
Time = 2 years
48000 = 40000(1+r/100)^2
= (1+r/100)^2 = (22/20)^2
= 1 + r/100 = 22/20
r/100 = 22/20 - 1
= 1/10
r = 100/10
RaTe = 10%
thanks me Later ❤️
A= 48,400
P = 40000
Time = 2 years
48000 = 40000(1+r/100)^2
= (1+r/100)^2 = (22/20)^2
= 1 + r/100 = 22/20
r/100 = 22/20 - 1
= 1/10
r = 100/10
RaTe = 10%
thanks me Later ❤️
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