The price of a commodity doubles in a period of 4 year, what is the average percentage increase per year?

CA Foundation · Quantitative Aptitude · MTP · September 2026
The price of a commodity doubles in a period of 4 year, what is the average percentage increase per year?
(A) A. 20
(B) B. 19
(C) C. 17
(D) D. none of these

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. 19

Topics: Part-C: Statistics

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic