Suppose a business executive was earning ₹ 2,050 in the base period. What should be his salary in the current period if his standard of living is to…

CA Foundation · Quantitative Aptitude · MTP · April 2025
Suppose a business executive was earning ₹ 2,050 in the base period. What should be his salary in the current period if his standard of living is to remain the same? Given ∑W = 25 and ∑IW = 3544:
(A) A. 2096
(B) B. ₹2906
(C) C. 2106
(D) D. ₹2306

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. ₹2906

Topics: Part-C: Statistics

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