1.

An enquiry into the budgets of the middle class families in a certain city gave the following information: Expenses on items Food 35% Fuel 10% Clothing 20% Rent 15% Misc. 20% Price (in Rs) in 2004 1500 250 750 300 400 Price (in Rs) in 1995 1400 200 500 200 250 What is the cost of living index of during the year 2004 as compared with 1995?

Answer»

An enquiry into the budgets of the middle class families in a certain city gave the following information:

































Expenses on items



Food

35%



Fuel

10%



Clothing

20%



Rent

15%



Misc.

20%



Price (in Rs) in 2004



1500



250



750



300



400



Price (in Rs) in 1995



1400



200



500



200



250






What is the cost of living index of during the year 2004 as compared with 1995?



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