45. The following information relating to workers in an industrial town is given: Consumer Price Index 2017 (2012 = 100) Items of Consumption Proportion of Expenditure on item Food 132 60% 12% Clothing Fuel and lighting Housing 154 147 16% 178 8% Miscellaneous 158 4% Average wage per month in 2012 is Rs. 5,000. What should be dearness allowance expressed as % of wages? What should be the average wage per worker per month in year 2017 in that town so that the standard of living of the workers does not fall below the 2012 level ?
45. The following information relating to workers in an industrial town is given: Consumer Price Index 2017 (2012 = 100) Items of Consumption Proportion of Expenditure on item Food 132 60% 12% Clothing Fuel and lighting Housing 154 147 16% 178 8% Miscellaneous 158 4% Average wage per month in 2012 is Rs. 5,000. What should be dearness allowance expressed as % of wages? What should be the average wage per worker per month in year 2017 in that town so that the standard of living of the workers does not fall below the 2012 level ?
Chapter6: Exponential And Logarithmic Functions
Section6.1: Exponential Functions
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Transcribed Image Text:45. The following information relating to workers in an industrial town is given :
Consumer Price Index
2017
(2012 = 100)
Items of Consumption
Proportion of
Expenditure on
item
60%
Food
Clothing
Fuel and lighting
Housing
Miscellaneous
132
154
12%
147
16%
178
8%
158
4%
Average wage per month in 2012 is Rs. 5,000. What should be dearness allowance
expressed as % of wages? What should be the average wage per worker per month in year
2017 in that town so that the standard of living of the workers does not fall below the 2012 level ?
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