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It a sports equipment cost Rs. 1000 today, what will be its approximate cost after one year assuming inflation rate of 2% ?
980
998
1002
1020
1020
Practice and solve "It a sports equipment cost Rs. 1000 today, what will be its approximate cost after one year assuming..." for Electrical - Economics for Engineers. The correct answer is Option D: 1020. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
Option **(d) **