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 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

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sreelakshmi

  • May 5th, 2005
 

Solve the answer, we r not getting it.

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deepti

  • Jul 5th, 2005
 

ans=a i.e. 
29.12

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deepti

  • Jul 5th, 2005
 

none of these

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Sasikumar Poduval

  • Dec 9th, 2005
 

Answer is Rs. 29.16.The rise in price is simply 8%.

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Moulana Shareef

  • Dec 23rd, 2005
 

The net increase in the is 8%.

so,after 1 year=25+25*8%=27

after 2 years=27+27*8%=29.16

Rahul Sharma

  • Apr 28th, 2006
 

Ans:Answer is c i.e 30.12

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Vikramjit R.Rai

  • Jun 15th, 2006
 

The rate increases by 6.5% every year. Than on this increased rate, we further increase it by 1.5%.

So after 1 year, we will have a rate of Rs. 27.02

Now, further apply rate of 6.5% and then 1.5% on this increased rate, for second year.

You get the answer as Rs. 29.12

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itnovice

  • Nov 4th, 2006
 

The answer is like this:

25*(1.065*1.08)^2 = $33.07

because the price increment is on top of inflation

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vit.lakshman

  • Jan 3rd, 2010
 

Answer is None of the Above. It is 28.397 because 1.5% increase should be caluclated from the 6.5% increase but not combing the both and making it 8%.

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t

  • Mar 19th, 2015
 

b

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anusha

  • Sep 10th, 2016
 

29.12

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sandhiya v

  • Feb 8th, 2017
 

29.12

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