Question
What is the average annual growth rate in net profit from 2006-07 to 2010-11?
Answer: Option B
:
B
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%
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:
B
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%
Was this answer helpful ?
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