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The cost of living index of the year 200...

The cost of living index of the year 2007, when compared to year 2005, is 165.7. The cost of living index for these two years is calculated considering the prices of certain essential commodities. The amount spent by Anil in year 2005 towards essential commodities is Rs. 35,000. What is the amount he spent in the year 2007 towards essential commodities, if the quantity of consumption in both the years remains the same ?

A

Rs. 37,762

B

Rs. 48,719

C

Rs. 57,995

D

Rs. 46,750

Text Solution

Verified by Experts

The correct Answer is:
C
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