Initial price = Rs \(350000\)
Final price = Rs \(370000\)
Increase = Rs \(20000\)
\(\% \;increase\) = \(\frac{20000}{350000}\times100\)
= \(5\frac{5}{7}\%\)
LIST I | LIST II | ||
A. | Secular movements | I. | Price increase before Deepavali |
B. | Seasonal variations | II. | Increase in price of gold during a major war |
C. | Cyclic variations | III. | Long term trends |
D. | Irregular variations | IV. | Recurring rise and decline in production |