The profits of a small company for each of the first five years of itsoperation are given in the following table:Year Profit in $1000s2010 62011 272012 622013 1112014 174 What is the average rate of increase of the profits between 2012 and 2014?
Unitary Method
The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.
Speed, Time, and Distance
Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 miles away.
Profit and Loss
The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.
Units and Measurements
Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experiments to set up the devices.
The profits of a small company for each of the first five years of its
operation are given in the following table:
Year Profit in $1000s
2010 6
2011 27
2012 62
2013 111
2014 174 What is the average rate of increase of the profits between
2012 and 2014?
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