5:50. A certain store made profits of Rs. 5,000; Rs. 10,000; Rs. 80,000 in 1995, 1996 and 1997 respectively. Determine the average rate of growth of this store's profits.

Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
6th Edition
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Bruce Crauder, Benny Evans, Alan Noell
Chapter1: Functions
Section1.2: Functions Given By Tables
Problem 2TU: Use the table of values you made in part 4 of the example to find the limiting value of the average...
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5:50. A certain store made profits of Rs. 5,000; Rs. 10,000; Rs. 80,000 in 1995, 1996 and
1997 respectively. Determine the average rate of growth of this store's profits.
Transcribed Image Text:5:50. A certain store made profits of Rs. 5,000; Rs. 10,000; Rs. 80,000 in 1995, 1996 and 1997 respectively. Determine the average rate of growth of this store's profits.
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