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formula for cost inflation index

IPCC 1096 views 3 replies

hi,

 

       can any one tell me what the formula to calculate cost inflation index i am finding it difficult to remeber all the idicies from 81-82 to 09-10 for the purpose of exams in NOV

 

pls help me out

reg

AJAY SIMHA

Replies (3)

i think there is no formula for calculating cost inflation index ... u have to grab all these rates .......

 

regards,

Varun Makhija

What is the need for studying all?Normally the examiner gives the same.

Just study the current year's rate-Divide current years rate by Earlier year rate and multiply the same with the given amount.

You don't need to mug it up ajay.

As Varun said, just remember current year's C.I.I., rest will be provided to you.


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