2 years ago in Percentage

The rate of increase of the price of sugar is observed to be two percent more than the inflation rate expressed in percentage. The price of sugar, on January 1, 1994 is Rs. 20 per kg. The inflation rates of the years 1994 and 1995 are expected to be 8% each. The expected price of sugar on January 1, 1996 would be

[A] Rs. 23.60
[B] Rs. 24
[C] Rs. 24.20
[D] Rs. 24.60
[E] None of these

Overall Stats

Attempted 5
Correct 1
Incorrect 3
Viewed 1

Dinesh Garg - 1 year ago

Dinesh Garg from Jind, India is saying Rs. 24.20 is correct answer

Chhavi Jain - 2 years ago

Chhavi Jain from Jaipur, India is saying Rs. 23.60 is correct answer

Rahul Jha - 2 years ago

Rahul Jha is saying Rs. 23.60 is correct answer

Francis Rai - 2 years ago

Francis Rai from Assam, India is saying Rs. 24 is correct answer

Related Questions

• [A] 72
• [B] 80
• [C] 120
• [D] 150
• [E] 100

What is the percentage change in the result when we add 50 to a certain number x, instead of subtracting 50 from the same number x?

• [A] 50%
• [B] 75%
• [C] 100%
• [D] 300%
• [E] Can't be determined

• [A] 14.17%
• [B] 7.14%
• [C] 8.87%
• [D] 6.66%

The length, breadth and height of a room are in ratio 3:2:1. If breadth and height are halved while the length is doubled, then the total area of the four walls of the room will

• [A] remain the same
• [B] decrease by 13.64%
• [C] decrease by 15%
• [D] decrease by 18.75%
• [E] decrease by 30%

A man buys a truck for Rs. 2,50,000. The annual repair cost comes to 2% of the price of purchase. Besides, he has to pay an annual tax of Rs. 2000. At what monthly rent must he rent out the truck to get a return of 15% on his net invests of the first year?

• [A] Rs. 3359
• [B] Rs. 2500
• [C] Rs. 4000
• [D] Rs. 3212.5