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On certain consumable goods, the total expenditure of a family was found to be Rs. 18,000 in the year 2005. If the cost of living index for the year 2006, taking 2005 as the base year, is 240, then find the expenditure of the family on the same quantity of consumable items in the year 2006.

A

Rs. 43,200

B

Rs. 48,200

C

Rs. 24, 000

D

Rs. 28,000

Text Solution

Verified by Experts

The correct Answer is:
A
(i) Let the list price be Rs.x.
(ii) x+12% of x=3360, find x then find (3360-x).
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