## Realated Questions

The rate of inflation was 1000%. What will be the cost of an article, which costs 6 units of currency now, two years from now?

A sum of money compounded annually becomes Rs. 625 in two years and Rs. 675 in three years. The rate of interest per annum is:

a)The price of sugar increases by 25%. By what % should consumption be decreased so that expenditure on sugar remains constant?

b)Consider the same problem but price increases by 50%?