Question

Rate of inflation is 1000% per annum what is the value of an article two years from now if it is cost rupees 6 today

Answer 1

at the end of the first year the value will be 6 + 60 because 1000% of rupees 6= 60 rupees now the second year the value will be 66
and

at the end of second year the value will be increased by 660 because 1000% of rupees 66 equal to 660 rupees therefore the value at the end of second year will be 660 + 66 = 726.
Hope u understand..