Question

42. The following table gives the cost of living index numbers of difier
commodity groups together with respective weights for 1984 (base = 1961)
(v) TH
47.
Ye
L
Lighting Miscellanes
Group
Food Clothing Fuel
and Rent
Group Index 425
475
300
400
Group Weight 62
6
12
Obtain the overall cost of living index number. Suppose a person was earni
Rs.600 in 1961 what should be his salary in 1964 if his standard of living i
that year to be the same as in 1961?
250
49
O
16​

Answer 1

Step-by-step explanation:

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