During a certain period the cost of living index goes up from 110 to 200 and the salary of a worker is also raised from ₹ 330 to ₹ 500, then in the…

CA Foundation · Quantitative Aptitude · PYQS · September 2024
During a certain period the cost of living index goes up from 110 to 200 and the salary of a worker is also raised from ₹ 330 to ₹ 500, then in the real terms, the raise in salary is effectively-
(A) A. Gain by 75
(B) B. Gain by ₹ 50
(C) C. Loss by 90
(D) D. Loss by ₹ 50

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. Gain by 75

Topics: Part-C: Statistics

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic