India: 4.0, 4.2, 4.5, 4.8, 5.0, 5.1, 5.3, 5.4, 5.6, 5.8, 6.0% per year. Bangladesh: 6.5, 6.7, 7.0, 7.2, 7.4, 7.6, 7.8, 8.0, 8.2, 8.4, 8.6% per year. Compute the average annual growth rate for each country and state which country had a higher average.
Answer
Bangladesh
The correct answer is Bangladesh — Since 7.58% > 5.06%, Bangladesh had the higher average growth rate.
Step-by-step solution
- Sum all 11 growth rates for India: 55.7%. Divide by 11 to get an average of 5.06%.
- Sum all 11 growth rates for Bangladesh: 83.4%. Divide by 11 to get an average of 7.58%.
- Since 7.58% > 5.06%, Bangladesh had the higher average growth rate.
Common mistake: Using the wrong number of years in the division or mis‑adding the percentages
Concept tested: Average growth calculation
Published · How this solution was prepared and checked
← All Comparative Development Experiences of India and Its Neighbours questions