Example 8. A textile worker in the city of Taxses earns $3,500 per month. The cost of living index for a particular month is given as 136. Using the following information, find out Ihe amount of money he spent on house rent and clothing: Group Expenditure Group Index Food 1.400 180 Clothing ? 150 Housing Rent ? 100 Fuel and lighting 560 110 Miscellaneous 630 80

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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Example 8.
A textile worker in the city of Taxses earns $3,500 per month. The cost of living index for a particular
month is given as 136. Using the following information, find out Ihe amount of money he spent on house rent and clothing:
Group
Expenditure Group Index
Food
1.400
180
Clothing
?
150
Housing Rent
?
100
Fuel and lighting
560
110
Miscellaneous
630
80
Transcribed Image Text:Example 8. A textile worker in the city of Taxses earns $3,500 per month. The cost of living index for a particular month is given as 136. Using the following information, find out Ihe amount of money he spent on house rent and clothing: Group Expenditure Group Index Food 1.400 180 Clothing ? 150 Housing Rent ? 100 Fuel and lighting 560 110 Miscellaneous 630 80
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