The following table gives the cost of living index numbers for different commodity groups together with respective weights for 1994 (Base = 1971): Group Food Clothing Fuel and Lighting Rent Misc. 250 Group Index Group Weight 425 475 300 400 62 4 6. 12 16 Suppose a person was earning Rs. 600 in 1971, what should be his salary in 1994 if his standard of living in that year is to be the same as in 1971. (B) Rs. 1331 (A) Rs. 2331 (C) Rs. 1531 (D) Rs. 2531.

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38. The following table gives the cost of living index numbers for different commodity groups
together with respective weights for 1994 (Base = 1971):
Group
Food
Clothing
Fuel and Lighting
Rent
Misc.
Group Index
Group Weight
425
475
300
400
250
62
4
6.
12
16
Suppose a person was earning Rs. 600 in 1971, what should be his salary in 1994 if his
standard of living in that year is to be the same as in 1971.
(A) Rs. 2331
(B) Rs. 1331
(C) Rs. 1531
(D) Rs. 2531.
Transcribed Image Text:38. The following table gives the cost of living index numbers for different commodity groups together with respective weights for 1994 (Base = 1971): Group Food Clothing Fuel and Lighting Rent Misc. Group Index Group Weight 425 475 300 400 250 62 4 6. 12 16 Suppose a person was earning Rs. 600 in 1971, what should be his salary in 1994 if his standard of living in that year is to be the same as in 1971. (A) Rs. 2331 (B) Rs. 1331 (C) Rs. 1531 (D) Rs. 2531.
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