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In the line graph, what was the growth rate from Year 1 to Year 2?

Practice Questions

Q1
In the line graph, what was the growth rate from Year 1 to Year 2?
  1. 5%
  2. 10%
  3. 15%
  4. 20%

Questions & Step-by-Step Solutions

In the line graph, what was the growth rate from Year 1 to Year 2?
  • Step 1: Identify the value for Year 1, which is 100.
  • Step 2: Identify the value for Year 2, which is 115.
  • Step 3: Calculate the difference between Year 2 and Year 1: 115 - 100 = 15.
  • Step 4: Divide the difference by the Year 1 value: 15 / 100 = 0.15.
  • Step 5: Convert the result to a percentage by multiplying by 100: 0.15 * 100 = 15%.
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