Question

19.26
STATISTICS
Pro
(35. With the base year 1960 the C. L. I. in 1972 stood at 250. x was getting a monthly Salary
of 500 in 1960 and 750 in 1972. In 1972 to maintain his standard of living in 1960 x has
to receive as extra allowances of
(a) * 600/-
(b) * 500/-
(C) 300/-
(d) none of these.​

Answer 1

Given :

Base year = 1960

C. L. I. in 1972 stood at 250 Rs

Salary in 1960 = 500 Rs

Salary in 1972 = 750 Rs

To find : extra allowances

Answer is b) 500/-

So In 1972 to maintain his standard of living in 1960 x has

to receive as extra allowances of five hundred rupees.

Answer 2

Answer:

Rs.250/100*100=250 Wages =750/500*100=150 Index=500*250/100=1250 Then 1250-750=500 x has to receive 500as a exta allowance