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market growth rate

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBL Exams › market growth rate

  • This topic has 1 reply, 2 voices, and was last updated 12 years ago by Ken Garrett.
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  • December 5, 2013 at 3:24 pm #150679
    silentassassinor
    Participant
    • Topics: 16
    • Replies: 21
    • ☆

    please tell me how to calculate market growth rate as percentage? thnx in advance

    December 5, 2013 at 4:41 pm #150703
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10649
    • ☆☆☆☆☆

    If 2012 market size = $20 million and 2012 market size = $15 million, then growth rate =

    (20 – 15)/15 = 33%

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