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If the index number of wholesale prices ...

If the index number of wholesale prices in May 2004 as compared to May 2003 is 91, then the expenditure in the year 2004 is less by ___.

A

0.81

B

0.71

C

0.91

D

0.11

Text Solution

Verified by Experts

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