In 1993 the average expenditure of the employees on food anu was as follows : tenis In Cuttack In Bhubaneswar (i) Food 60% (ii) Other items 40% 50% 50% In 1998, the cost of living index was 279 for Cuttack and 265 for Bhubaneswan with 1993 as the base. The rise in price of all the items used by the employeee was known to be the same for both the towns. Determine the 1998 index for (i food and (ii) other items.

Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
Publisher:David Poole
Chapter2: Systems Of Linear Equations
Section2.4: Applications
Problem 28EQ
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In 1993 the average expenditure of the employees on food and other items
was as follows :
In Cuttack
In Bhubaneswar
(i) Food 60%
(ii) Other items 40%
50%
50%
In 1998, the cost of living index was 279 for Cuttack and 265 for Bhubaneswar
with 1993 as the base. The rise in price of all the items used by the employeees
was known to be the same for both the towns. Determine the 1998 index for (i)
food and (ii) other items.
Transcribed Image Text:In 1993 the average expenditure of the employees on food and other items was as follows : In Cuttack In Bhubaneswar (i) Food 60% (ii) Other items 40% 50% 50% In 1998, the cost of living index was 279 for Cuttack and 265 for Bhubaneswar with 1993 as the base. The rise in price of all the items used by the employeees was known to be the same for both the towns. Determine the 1998 index for (i) food and (ii) other items.
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