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Instructions

Study the table given below and answer these questions.

Question 112

What is the average growth rate of exports for the period 1992-93 to 1995-96?

Solution

% Growth rate of exports during the period 1992-93 to 1995-96

= $$\frac{31795-18537}{18537}\times100$$

$$\approx71.52\%$$

Thus, average growth for the 4 year interval = $$\frac{71.52}{4}=17.88\%$$

=> Ans - (D)

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