If I mention a string of numbers like 939, 852, 785, 711, can you guess what these are? Well, this is not a question that you get in numerical ability question of any recruitment exam, but these numbers have potency to save a lot of money particularly if you are investing in Mutual Funds or Real Estate. And to answer the question- these numbers are value of Cost Inflation Index (CII) from year 2013-14 to year 2010-11. As the term suggest it refers to the cost of asset, which faces inflation. Let’s try to understand the concept and application in detail.
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