The cost of living index number in year 2015 and 2018 were 97.5 and 115 respectively. The salary of a worker in 2015 was 19500. How much additional…

CA Foundation · Quantitative Aptitude · MTP · May 2026
The cost of living index number in year 2015 and 2018 were 97.5 and 115 respectively. The salary of a worker in 2015 was 19500. How much additional salary was required for him in 2018 to maintain the same standard of living as in 2015?
(A) A. 3000
(B) B. 4000
(C) C. 3500
(D) D. 4500

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. 3500

Topics: Part-C: Statistics

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