solve please !!

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solve please !!

sanjana26
a country accumulates 100 crore @ 10 cr per year, another 100cr @ 20 cr per year
and another 100 cr @ 25 cr per year.
what is the average rate of accumulation?
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Re: solve please !!

Sumit
Average rate of accumulation=Total Accumlation/Total time taken
                                       =(100+100+100)/(10+5+4)
                                       =300/19=15.79cr (approx) per year..
M.A Economics
Delhi School of Economics
2013-15
Email Id:sumit.sharmagi@gmail.com
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Re: solve please !!

sanjana26
Thanku so much sumit..
 can u tell me how can we solve it using harmonic mean ? :)
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Re: solve please !!

sanjana26
please try this question I am using geometric mean but my answer is not coming correct

an economy grows@2% in first year ,2.5% in 2nd yr ,3% in 3rd yr ..4% in fourth yr..
.......10% in tenth year . What is the average rate of growth of the economy ?