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Answer :

Answer:

Turnover index = 17 % (Approx)

Explanation:

Given:

Total number of house = 345

Number of house sold = 58

Find:

Turnover index

Computation:

Turnover index = [Number of house sold/Total number of house]100

Turnover index = [58/345]100

Turnover index = [0.168115]100

Turnover index = 16.8115

Turnover index = 17 % (Approx)

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