The math in the exhibit is outright dumb. I am shocked the exhibit is shared by an “engineer”.
Percentage math for dummies
You CANNOT add percentages unless they refer to the same base.
Example for dummies
If something grows by 50% in one year and then by 40% in the next, you cannot say it grew by 90% in two years and 55.5% (=5/9) of the growth happened in the first year. Because the base is different!
What you do is *fix a base*. E.g.,
Value at start = 100
Value after year 1 = 100 * 1.5 = 150
Value after year 2 = 150 * 1.4 = 210
Total absolute growth = (150 - 100) + (210 - 150) = 110
Total % growth in two years = 110% (not 90%!)
Growth in first year as % of total growth = 50 / 110 = 45.45 %
Growth in second year as % of total growth = 60 / 110 = 54.55 %
CAGR = (210/100)^(1/2) - 1 = 44.9%
This is how you do percentage math. This is taught in high school.
Now look at the math expression in the exhibit:
Percentage = 2004–14 growth ÷ (2004–14 growth + 2014–26 growth)
All growth values are in percentages; the basis for 2004–14 growth is the 2004 value, and the basis for 2014–26 growth is the 2014 value. As the bases are different, the percentages in the denominator of the expression cannot be added. Hence, each shaded bar in the exhibit is wrong.
@abhiisshhek Kuchh bhi bologe bhai?
Prso dhami ka hi neta keh rha tha ki van katav rokna unka kaam nahi...or ab dhami ke hi katav rok diya....dogle neta hain.
@JioMart_Support how can you guys sell a product more than its MRP?
You're selling diet coke 300 mtlb @43 after discount. Whole its MRP is 40. This is a scam