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Find the cost of living index in the yea...


Find the cost of living index in the year 2007, taking 2001 as the base year, based on the information given above.

A

`127.50`

B

`128.75`

C

`132.50`

D

`135.25`

Text Solution

Verified by Experts

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