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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 ?

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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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 ?
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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