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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 will 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


  
Total Answers and Comments: 1 Last Update: December 27, 2005   
  
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December 27, 2005 07:26:38   #1  
subbu        

RE: In 1978, a kg of paper was sold at Rs25/-. If the ...

Ans:E

IN FIRST YEAR :25 IS INCREASED BY 6.5+1.5 i.e.8 .

in 2nd year the first year value is increased by 8 .therefore

108/100*108/100*25 29.16


 
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