What is the average annual growth rate in net profit from 2006-07 to 2010-11?

25%

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50%

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75%

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100%

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Solution

The correct option is B
50%

The actual values for net profit for various years are 3,5,4.8,7 and 9. So the average annual growth rate = $\frac{(9 - 3) \times 100}{3 \times 4}$ = 50%

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What is the average annual growth rate in net profit from 2006-07 to 2010-11?

The correct option is B 50%The actual values for net profit for various years are 3,5,4.8,7 and 9. So the average annual growth rate = (9−3)×1003×4 = 50%

The correct option is B
50%

The actual values for net profit for various years are 3,5,4.8,7 and 9. So the average annual growth rate = $\frac{(9 - 3) \times 100}{3 \times 4}$ = 50%