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The ratio of the total expenditure for t...

The ratio of the total expenditure for the years 2000 and 2006 is `5 : 8`. The cost of living index of 2006, taking 2000 as the base year, is ____

A

125

B

62.5

C

160

D

Cannot be determined

Text Solution

Verified by Experts

The correct Answer is:
C
(i) Let the total expenditure in 2000 and 2006 be Rs. 5x and Rs. 8x, respectively.
(ii) Use formula to find cost of the living index.
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