Please enter the following details
Free Daily Targets & Mocks
Study Material & Formulas PDFs
1 on 1 Mentorship
Question 36
If the price index for the year 2008 was 120 and for the year 2009 it is 130. The rate of inflation would be:
Solution
the rate of inflation=$$\frac{\textrm{difference in price between 2008 and 2009}}{\textrm{price in 2008}} \times 100$$%=$$\frac{10}{120} \times 100$$%=8.3%
Create a FREE account and get:
- Download RRB Study Material PDF
- 45+ RRB previous papers with solutions PDF
- 300+ Online RRB Tests for Free
