Question

This computer was selling for R8000 in 2018. Calculate the new price of the laptop in 2020 if the inflation rate is expected to be 5,1% for the next two years

Answer 1

Answer:

Selling price = Rs 8000

Inflation = 5.1%

=8000 × 51/1000

=Rs 408 (inflation)

New price = 8000 + 408

= Rs 8408 Ans...

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