What is Inflation? How can we calucalate inflation? and
what is the present rate of Inflation?
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- State Bank Of India SBI, I also Faced
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Answer Posted / manoj mahanta
OK..Let me explain it in a simple way...
If I hv purchased a thing @ Rs.100 this year, n getting the
same thing @ Rs.105 next year, then the inflation rate here
is 5%.
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