Given below are the data relating to the indices and weights of the consumer's tems for the current year 1998 : Items Indices Weights Food Fuel Clothing Rent Misc. 200 50 100 17 125 12 160 10 130 11 It is proposed to allow dearness allowance in 1998 is such a manner that it will fully compensate the price rise in food and clothing. Determine such dearness allowance in terms of nercentage of wages.
Given below are the data relating to the indices and weights of the consumer's tems for the current year 1998 : Items Indices Weights Food Fuel Clothing Rent Misc. 200 50 100 17 125 12 160 10 130 11 It is proposed to allow dearness allowance in 1998 is such a manner that it will fully compensate the price rise in food and clothing. Determine such dearness allowance in terms of nercentage of wages.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.5: Comparing Sets Of Data
Problem 12PPS
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