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The total expenditure of a certain famil...

The total expenditure of a certain family was Rs. 13, 090 in the year 2000. If the cost of living index in the year 2006, when compared to the cost in the year 2000, is 120, then the total expenditure in the current year is ____. (in Rs. )

A

14280

B

15240

C

16840

D

15708

Text Solution

Verified by Experts

The correct Answer is:
D
Cost of living index
`=("Total expenditure in the current year")/("Total expenditure in the base year")xx100`.
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