The price of a commodity increased by 5% from 2010 to 2011, 8% from 2011 to 2012 an 77% from 2012 to 2013. What is the average price increase (approximate) from 2010 to 2013?
Correct Answer: Description for Correct answer:
Average = \( \Large \frac{5 + 8 + 77}{3} = 30\)%
Option (D)is correct.
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