यदि अपस्फीतिकारक लगातार छह वर्षों तक 3 प्रतिशत प्रति वर्ष बढ़े तो कुल वृद्धि लगभग कितनी होगी?

If the deflator rises by 3 percent per year for six consecutive years what is the approximate total increase?

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Correct Answer

B. 19.4 प्रतिशत19.4 percent

Step 1

Concept

Total growth \(=1.03^6-1\approx19.4\) percent. Successive inflation rates compound.

Step 2

Why this answer is correct

The correct answer is B. 19.4 प्रतिशत / 19.4 percent. Total growth \(=1.03^6-1\approx19.4\) percent. Successive inflation rates compound.

Step 3

Exam Tip

कुल वृद्धि \(=1.03^6-1\approx19.4\) प्रतिशत है। लगातार मुद्रास्फीति दरों में चक्रवृद्धि लागू होती है।

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यदि अपस्फीतिकारक लगातार छह वर्षों तक 3 प्रतिशत प्रति वर्ष बढ़े तो कुल वृद्धि लगभग कितनी होगी? / If the deflator rises by 3 percent per year for six consecutive years what is the approximate total increase?

Correct Answer: B. 19.4 प्रतिशत / 19.4 percent. Explanation: कुल वृद्धि \(=1.03^6-1\approx19.4\) प्रतिशत है। लगातार मुद्रास्फीति दरों में चक्रवृद्धि लागू होती है। / Total growth \(=1.03^6-1\approx19.4\) percent. Successive inflation rates compound.

Which concept should I revise for this Economics MCQ?

Total growth \(=1.03^6-1\approx19.4\) percent. Successive inflation rates compound.

What exam hint can help solve this Economics question?

कुल वृद्धि \(=1.03^6-1\approx19.4\) प्रतिशत है। लगातार मुद्रास्फीति दरों में चक्रवृद्धि लागू होती है।