In 1978, a kg of paper was sold at Rs25/-. I f the paper
rate increases at 1.5% more than inflation rate which is of
6.5% a year , then what wil be the cost of a kg of paper
after 2 years?
a)29.12 (b) 29.72 (c) 30.12 (d) 32.65 (e) none of these
Answers were Sorted based on User's Feedback
Answer / sabarish
(a) 29.12 (actual)
first year rate of paper (inflation rate) : 25 + 25 *
6.5/100 = 26.625
paper rate in first year is 1.5 % more . ..thr4
inflated cost in 1 yr = 26.625 + 1.5 / 100 * 26.625 =
27.024.
second year : 27.024 + 27.024 * 6.5 / 100 = 28.78
paper cost : 1.5 /100 * 28.78 + 28.78 = 29.12 ( approx..)
Is This Answer Correct ? | 45 Yes | 8 No |
Answer / niladri sankar mondal
paper cost increase rate in per year =6.5%+1.5%=8%
after one year cost will be 25 + 25*(8/100)=25+2=27 Rs
after second year cost will be 27 + 27*(8/100)=27+2.16=29.16 Rs.
answer is 29.16 Rs.
Is This Answer Correct ? | 25 Yes | 1 No |
Answer / rahul singh
first year rate of paper (inflation rate) : 25 + 25 *
6.5/100 = 26.625
paper rate in first year is 1.5 % more . ..thr4
inflated cost in 1 yr = 26.625 + 1.5 / 100 * 26.625 =
27.024.
second year : 27.024 + 27.024 * 6.5 / 100 = 28.78
paper cost : 1.5 /100 * 28.78 + 28.78 = 29.12 ( approx..)
Is This Answer Correct ? | 7 Yes | 2 No |
Answer / vidsln_2
total increased percentage= 6.5% + 1.5%=8%
so for 25 rupees= (8/100)*25
for one year= 2/- rupees..
so for 2 years = 4 rupees...
after 2 years rate of paper ll be= 25+4
= Rs.29/
Is This Answer Correct ? | 11 Yes | 7 No |
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