Instructions

The bar chart given below shows the sales of 3 types of cars in the Indian automotive industry over 4 years. All the sales figures have been shown in terms of '000 units. 


Question 48

What is the simple annual growth rate (in %) in the sales of SUV from 2009 to 2012?

Solution

Sales of SUV (in '000 units) in 2009 = 150

Sales of SUV (in '000 units) in 2012 = 750

=> Required growth rate = $$\frac{(750-150)}{150}\times100$$

= $$4\times100=400\%$$

Annual growth rate = (400/3)% = 133.33%

=> Ans - (C)


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