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CAIIB - ABM- CASE STUDIES / NUMERICAL QUESTIONS

Calculate Inflation, if Price index in current year is 15 and price index in base year is 12.

a. 20
b. 25
c. 30
d. 35

Ans - b

solutions :

Inflation = (price index in current year-price index in base year)/(price index in base year)*100
= (15-12)/12*100
= 3/12*100
= 25
.............................................

Calculate Inflation, if Price index in current year is 13 and price index in base year is 10.

a. 20
b. 25
c. 30
d. 35

Ans - c

solutions :

Inflation = (price index in current year-price index in base year)/(price index in base year)*100
= (13-10)/10*100
= 3/10*100
= 30

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