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29. An enquiry into the budgets of the middle class families of a certain city revealed that on an average the percentage expenses in the different groups were : Food 45, Rent 15, Clothing 12, Fuel and Light 8, Miscellaneous 20. The group indices for the current year as compared with a fixed base period were respectively 410, 150, 343, 248 and 285. Calculate the cost of Living Index Number for the current year. Mr. X was getting Rs. 240 in the base period and 430 in the current year. State how much he ought to have received as extra allowance to maintain his former standard of living ?

29. An enquiry into the budgets of the middle class families of a certain city revealed that on an average the percentage expenses in the different groups were : Food 45, Rent 15, Clothing 12, Fuel and Light 8, Miscellaneous 20. The group indices for the current year as compared with a fixed base period were respectively 410, 150, 343, 248 and 285. Calculate the cost of Living Index Number for the current year. Mr. X was getting Rs. 240 in the base period and 430 in the current year. State how much he ought to have received as extra allowance to maintain his former standard of living ?

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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29. An enquiry into the budgets of the middle class families of a certain city revealed that on an average the percentage expenses in the different groups were : Food 45, Rent 15, Clothing 12, Fuel and Light 8, Miscellaneous 20. The group indices for the current year as compared with a fixed base period were respectively 410, 150, 343, 248 and 285. Calculate the cost of Living Index Number for the current year. Mr. X was getting Rs. 240 in the base period and 430 in the current year. State how much he ought to have received as extra allowance to maintain his former standard of living ?
Transcribed Image Text:29. An enquiry into the budgets of the middle class families of a certain city revealed that on an average the percentage expenses in the different groups were : Food 45, Rent 15, Clothing 12, Fuel and Light 8, Miscellaneous 20. The group indices for the current year as compared with a fixed base period were respectively 410, 150, 343, 248 and 285. Calculate the cost of Living Index Number for the current year. Mr. X was getting Rs. 240 in the base period and 430 in the current year. State how much he ought to have received as extra allowance to maintain his former standard of living ?
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