23. An enquiry into the budgets of middle class families in Mumbai gave the Cilbwing information : Expenses on Food 35% Rent 15% Clothing 20% Fuel 10% Misc. 20% Price (2016) (Rs.) 2500 2000 1400 400 600 2850 2200 1498 500 960 Price (2017) (Rs.) What changes in the cost of living figure of 2017 have taken place compared to 2016?

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.58TI: What is the total effect on the economy of a government tax rebate of $500 to each household in...
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23. An enquiry into the budgets of middle class families in Mumbai gave the
Cilbwing information :
Expenses on
Food
35%
Rent
15%
Clothing
20%
Fuel
10%
Misc.
20%
Price (2016) (Rs.)
2500
2000
1400
400
600
2850
2200
1498
500
960
Price (2017) (Rs.)
What changes in the cost of living figure of 2017 have taken place compared to 2016?
R bons b
Transcribed Image Text:23. An enquiry into the budgets of middle class families in Mumbai gave the Cilbwing information : Expenses on Food 35% Rent 15% Clothing 20% Fuel 10% Misc. 20% Price (2016) (Rs.) 2500 2000 1400 400 600 2850 2200 1498 500 960 Price (2017) (Rs.) What changes in the cost of living figure of 2017 have taken place compared to 2016? R bons b
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