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
Answer Posted / luii14
(((25*1.065)*1.015)*1.065)*1.015
29.21 Rs
probably the choices must be entered wrongly
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