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sonu

· started a discussion

· 1 Months ago

dificult (Question:152025.1)

explain this

Question:
DIRECTION: Answer the questions based on the following graphs:

Approximately what was the average annual growth rate of ‘per capita income’ from 1961 to 1971?
Options:
A) 1%
B) 5% 
C) 10%
D) 20%
Solution:

The growth in per capita income from 1961 to 1971 given as

\(=\cfrac{674-328}{328}×100\%=\cfrac{346}{328}×100\%→105.48 \%\)

Approx. average annual percentage growth rate

=105.48÷ 10 ≈10%

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