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In 1978, a kg of paper was sold at Rs25/-. If the paper
rate increases at 1.5% more than the inflation rate which
is 6.5% a year, then what wil be the cost of a kg of paper
after 2 years? give me the steps plz......
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Answer Posted / sabarish
Ans. 29.16
Total inflation = 6.5+1.5 for 1 year.
25 ( 1 + 8/100)^2 = 29.16
| Is This Answer Correct ? | 27 Yes | 6 No |
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