In 1980, the net monthly income of the employee was ₹800/- p. m. The consumer price index number was 160 in 1980. It rises to 200 in 1984. If he has…

CA Foundation · Quantitative Aptitude · MTP · September 2024
In 1980, the net monthly income of the employee was ₹800/- p. m. The consumer price index number was 160 in 1980. It rises to 200 in 1984. If he has to be rightly compensated. The additional D. A. to be paid to the employee is
(A) A. 175/-
(B) B. 185/-
(C) C. 200/-
(D) D. 125.

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. 200/-

Topics: Part-C: Statistics

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