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.Â
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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