Question

The CLI for the year 1996 and 1999 are $140$ and $200$ respectively.A person earns Rs $11200$ p.m in the year 1996.What should be his earnings in the year 1999 so as to maintain his former standard of living.

• A. Rs$14000$
• B. Rs$15600$
• C. Rs$16000$
• D. Rs$12500$

Answer 1

Answer: (C)

Rs$16000$

CLI for the year $1996=140$

CLI for the year $1999=200$

Earning p.m. in $1996=11200$

Earning p.m. in $1999=x$

$\Rightarrow$ $140:200::11200:x$

$\Rightarrow$ $x=\frac{200}{140}\times 11200$

$\therefore x=$ Rs $16000$