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 questions.
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What has been the simple average growth rate per annum of expense between 1994 and 1995?
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- 25%
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33 1 % 3 - 40%
- 130%
Correct Option: B
| % growth of expense from 1994 to 1995 |
| = | expense from 1995 - expense from 1994 | × 100 |
| expense from 1994 |
Put the value from given graph,
| = | 400 - 300 | × 100 = 33 | 1 | % |
| 300 | 3 |
