Question
During October to December there was an even growth
rate, the average of which, is (correct up to one decimal place): The following bar graph shows the circulation growth of a magazine ABC from July 2022 to December 2022.Solution
October: 200,189 November: 204,933 December: 211,885 Growth: Oct to Nov = (204933 - 200189) / 200189 Γ 100 β 2.37% Nov to Dec = (211885 - 204933) / 204933 Γ 100 β 3.39% Average growth = (2.37% + 3.39%) / 2 β 2.9%
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