Question

the production of scooter Rs. 48400 from Rs. 40000. If rate of growth is 10%, than what is the time required?

Answer 1

Step-by-step explanation:

Production of scooters rose to 48400 from 40000

Rate of growth is 10%

so in first year growth will be=(40000+

100

10

×40000)

=44000 scooters

inthe second year growth will be=(44000+

100

10

×44000)

48400 scooters

Time required for the growth from 40000 to 48400 is 2 years