What is the average rate of change in the cost per square feet of the retail sector, if the sector is represented by the above four retailers in the period FY07 to FY10E?
Explanation:
The rate of change for the each retailer in the period FY07 to FY10E is
For Pantaloons: {(1396 – 2044)/2044} × 100 = ̶ 31.70%
For S. Stop: {(2230 – 2464)/2464} × 100 = – 9.5%
For Vishal: {(1064 – 1751)/1751} × 100 = – 39.23%
For Westside: {(1051 – 1525)/1525} × 100 = –31.08%
Hence, the average rate of change in the cost per square feet of the retail sector in the period FY07 to FY10E is: (31.70 + 9.5 + 39.23 + 31.08)/4 i.e. – 27.88%
Hence, option (d).
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