A worker earned Rs. 900 per month in 1990. The cost of living index increased by 70% between 1990 and 1993. How much extra income should the worker have earned in 1993 so that he could buy the same quantities as in 1990 ? (A) Rs. 7460 (B) Rs. 9460 (C) Rs. 7560 (D) Rs. 8464
A worker earned Rs. 900 per month in 1990. The cost of living index increased by 70% between 1990 and 1993. How much extra income should the worker have earned in 1993 so that he could buy the same quantities as in 1990 ? (A) Rs. 7460 (B) Rs. 9460 (C) Rs. 7560 (D) Rs. 8464
Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
6th Edition
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Bruce Crauder, Benny Evans, Alan Noell
Chapter1: Functions
Section1.1: Functions Given By Formulas
Problem 2TU: What is your monthly payment if you borrow 5000 at a monthly rate of 0.61 and pay it off in 5 years?
Related questions
Question
100%
Transcribed Image Text:A worker earned Rs. 900 per month in 1990. The cost of living index increased by 70%
between 1990 and 1993. How much extra income should the worker have earned in 1993
so that he could buy the same quantities as in 1990 ?
(A) Rs. 7460
(B) Rs. 9460
(C) Rs. 7560
(D) Rs. 8464
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 2 images
Recommended textbooks for you
Functions and Change: A Modeling Approach to Coll…
Algebra
ISBN:
9781337111348
Author:
Bruce Crauder, Benny Evans, Alan Noell
Publisher:
Cengage Learning
Algebra: Structure And Method, Book 1
Algebra
ISBN:
9780395977224
Author:
Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:
McDougal Littell
Functions and Change: A Modeling Approach to Coll…
Algebra
ISBN:
9781337111348
Author:
Bruce Crauder, Benny Evans, Alan Noell
Publisher:
Cengage Learning
Algebra: Structure And Method, Book 1
Algebra
ISBN:
9780395977224
Author:
Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:
McDougal Littell
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Holt Mcdougal Larson Pre-algebra: Student Edition…
Algebra
ISBN:
9780547587776
Author:
HOLT MCDOUGAL
Publisher:
HOLT MCDOUGAL
Elementary Algebra
Algebra
ISBN:
9780998625713
Author:
Lynn Marecek, MaryAnne Anthony-Smith
Publisher:
OpenStax - Rice University