Consumer price index number goes up from 110 to 200 and the Salary of a worker is also raised from ₹325 to ₹500. Therefore, in real terms, to…

CA Foundation · Quantitative Aptitude · MTP · September 2024
Consumer price index number goes up from 110 to 200 and the Salary of a worker is also raised from ₹325 to ₹500. Therefore, in real terms, to maintain his previous standard of living he should get an additional amount of :
(A) A. 85
(B) B. ₹90.91
(C) C. ₹ 98.25
(D) D. None of these.

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. ₹90.91

Topics: Part-C: Statistics

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