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The ratio of the total expenditure for the years 2000 and 2006 is `5 : 8`. The cost of living index of 2006, taking 2000 as the base year, is ____A. 125B. 62.5C. 160D. Cannot be determined |
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Answer» Correct Answer - C (i) Let the total expenditure in 2000 and 2006 be Rs. 5x and Rs. 8x, respectively. (ii) Use formula to find cost of the living index. |
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