37. The sub-group indices of the consumer price index number for urban non manual employees of an industrial centre for a particular year (with base 2016 = 100) were 200 Food 130 Clothing Fuel and Lighting 120 House Rent 150 Miscellaneous 140 The weights are 60, 8, 7, 10 and 15 respectively. It is proposed to fix dearness allowance in such a way so as to compensate fully the rise in the price of food and house rent. What should be the dearness allowance expressed as a percentage of wage ?

MATLAB: An Introduction with Applications
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37. The sub-group indices of the consumer price index number for urban no
manual employees of an industrial centre for a particular year (with base 2016 = 100) were
200
Food
130
Clothing
Fuel and Lighting
120
House Rent
150
Miscellaneous
140
The weights are 60, 8, 7, 10 and 15 respectively. It is proposed to fix dearness allowance in
such a way so as to compensate fully the rise in the price of food and house rent.
What should be the dearness allowance expressed as a percentage of wage ?
Transcribed Image Text:37. The sub-group indices of the consumer price index number for urban no manual employees of an industrial centre for a particular year (with base 2016 = 100) were 200 Food 130 Clothing Fuel and Lighting 120 House Rent 150 Miscellaneous 140 The weights are 60, 8, 7, 10 and 15 respectively. It is proposed to fix dearness allowance in such a way so as to compensate fully the rise in the price of food and house rent. What should be the dearness allowance expressed as a percentage of wage ?
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