An enquiry into the budgets of middle class families in a certain city gave following information: Expenses Food Fuel Clothing 20% Rent Miscellaneous 35% 10% 15% 20% Prices (2010) 1150 25 75 30 40 Prices (2011) 145 3. 65 30 45 What is the Cost of Living Index Number of 2011 as compared with that of 2010 ?
An enquiry into the budgets of middle class families in a certain city gave following information: Expenses Food Fuel Clothing 20% Rent Miscellaneous 35% 10% 15% 20% Prices (2010) 1150 25 75 30 40 Prices (2011) 145 3. 65 30 45 What is the Cost of Living Index Number of 2011 as compared with that of 2010 ?
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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Transcribed Image Text:An enquiry into the budgets of middle class families in a certain city gave the
following information :
Expenses
Food
Fuel
Clothing
20%
Rent
Miscellaneous
35%
10%
15%
20%
Prices
(2010)
1150
25
75
30
40
Prices
(2011)
145
3
65
30
45
What is the Cost of Living Index Number of 2011 as compared with that of 2010 ?
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