1.

Percentage increase in cost of sugar is 2%more than inflation percentage. On January 1, 2004 cost of sugar is Rs. 20 / kg. In each year i.e., 2004 and 2005 the inflation rate is assumed to be 8% . Then find the assumed price of sugar on January 1, 2006

Answer»

RS. 23.60
Rs. 24.00
Rs. 24.20
Rs. 24.60

Answer :C


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