Use the following information as on $28$ February $2023$ for EXMART Ltd$.$

Total Current assets $=$ R$4411000$

Total Current liabilities $=$ R$2038000$

Total assets $=$ R$38114000$

Inventory $=$ R$1464000(2022=$ R$6758000)$

Revenue $=$ R$23879000$

Cost of sales $=$ R$13158000(2022=$ R$13634000)$

EBIT $=$ R$2253000$

Interest expense $=$ R$1206000$

Net profit $=$ R$754000$

Number of shares issued $=1000000$

Dividend per share $=20$ cents

Sales on credit $=60\%$ of revenue

Calculate the growth rate for the Inventory of EXMART Ltd from $2022$ to $2023?$ Set your calculator to four decimal places for calculations and round your final answer to two decimal places. If slight rounding differences occur $-$ choose the alternative that is closest to your answer.

$($a$)78,34\%($increase or growth$)$

$($b$)-78,34\%($decline$)$

$($c$)361,61\%($increase or growth$)$

$($d$)60,83\%($increase or growth$)$

Select one:

a$.$

$78,34\%($increase or growth$)$

b$.$

$-78,34\%($decline$)$

c$.$

$361,61\%($increase or growth$)$

d$.$

$60,83\%($increase or growth$)$