The price of commodity X increases by 40, paisa every year, while the price of commodity Y increases by 15 paisa every year. If in 2001, the price of commodity X was Tk. 4.20 and that of Y was Tk. 6.30, in which year commodity X will cost 40 paisa more than commodity Y?

1. The price of commodity X increases by 40, paisa every year, while the price of commodity Y increases by 15 paisa every year. If in 2001, the price of commodity X was Tk. 4.20 and that of Y was Tk. 6.30, in which year commodity X will cost 40 paisa more than commodity Y?

[EXIM Bank MTO-2013 : 2013]

1. 2010

2. 2011

3. 2012

4. 2013

5. None of these

Answer

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