Question

answer the question q.10

Answer 1

Hey!
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Base year salary=6000
Base year index=100(assumption)
Salary require to maintain same standard of living in the base year
=Base year salary ×Cpi of current year/CPI of base year
=6000×300/100
=18000
Current year salary=16000
No he is not able maintain same standard of living
For maintaining same standard last he require increment of=18000-16000
=2000
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Hope this may help you