Direction: The following graph gives Sales, Expense and Capital of a company for a period of five years 1994 to 1998. Read the graph and answer the following questions.
-
What has been the simple average growth rate per annum of expense between 1994 and 1998?
-
- 25%
-
33 1 % 3 - 40%
- 130%
Correct Option: A
According to given bar graph , we have
Growth rate per annum of expense for :
1995 → | × 100 = | % | 300 | 3 |
1996 → 0%
1997 → | × 100 = 50% | 400 |
1998 → | × 100 = | % | 600 | 3 |
Required average = | = 25% | 4 |