Inflation — Formula Sheet
ICSE · Class 10 · Economic Application
2 formulas from Inflation (ICSE Class 10 Economic Application) on one page, grouped by topic. Part of the ICSE Class 10 Economic Application syllabus.
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Formulas and Key Relations
2. Value of Money and Price Level
V_m = 1/P
3. Rate of Inflation
Rate of inflation = (CPI_2 - CPI_1)/CPI_1 × 100
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