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During the certain period the C.L.I. gives up from 110 to 200 and the Salary of a worker is also raised from 330 to 500, then the real terms is
- a)Loss by Rs. 50
- b)Loss by 75
- c)Loss by Rs. 90
- d)None of these
Correct answer is option 'A'. Can you explain this answer?
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Most Upvoted Answer
During the certain period the C.L.I. gives up from 110 to 200 and the ...
Calculation of Real Terms
Change in C.L.I. = 200 - 110 = 90
Change in Salary = 500 - 330 = 170
Real Terms = (Change in Salary / Change in C.L.I.) * 100
= (170 / 90) * 100
= 188.89
As the Real Terms are greater than 100, it means that there is an increase in the purchasing power of the worker.
Loss in Real Terms
If the Real Terms are less than 100, it means that there is a decrease in the purchasing power of the worker. In this case, the Real Terms are 188.89, which is greater than 100. Hence, there is no loss in real terms.
Option (d) is incorrect.
Conclusion
The correct answer is option (a) - Loss by Rs. 50.
Change in C.L.I. = 200 - 110 = 90
Change in Salary = 500 - 330 = 170
Real Terms = (Change in Salary / Change in C.L.I.) * 100
= (170 / 90) * 100
= 188.89
As the Real Terms are greater than 100, it means that there is an increase in the purchasing power of the worker.
Loss in Real Terms
If the Real Terms are less than 100, it means that there is a decrease in the purchasing power of the worker. In this case, the Real Terms are 188.89, which is greater than 100. Hence, there is no loss in real terms.
Option (d) is incorrect.
Conclusion
The correct answer is option (a) - Loss by Rs. 50.
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During the certain period the C.L.I. gives up from 110 to 200 and the Salary of a worker is also raised from 330 to 500, then the real terms isa)Loss by Rs. 50b)Loss by 75c)Loss by Rs. 90d)None of theseCorrect answer is option 'A'. Can you explain this answer?
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During the certain period the C.L.I. gives up from 110 to 200 and the Salary of a worker is also raised from 330 to 500, then the real terms isa)Loss by Rs. 50b)Loss by 75c)Loss by Rs. 90d)None of theseCorrect answer is option 'A'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about During the certain period the C.L.I. gives up from 110 to 200 and the Salary of a worker is also raised from 330 to 500, then the real terms isa)Loss by Rs. 50b)Loss by 75c)Loss by Rs. 90d)None of theseCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for During the certain period the C.L.I. gives up from 110 to 200 and the Salary of a worker is also raised from 330 to 500, then the real terms isa)Loss by Rs. 50b)Loss by 75c)Loss by Rs. 90d)None of theseCorrect answer is option 'A'. Can you explain this answer?.
During the certain period the C.L.I. gives up from 110 to 200 and the Salary of a worker is also raised from 330 to 500, then the real terms isa)Loss by Rs. 50b)Loss by 75c)Loss by Rs. 90d)None of theseCorrect answer is option 'A'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about During the certain period the C.L.I. gives up from 110 to 200 and the Salary of a worker is also raised from 330 to 500, then the real terms isa)Loss by Rs. 50b)Loss by 75c)Loss by Rs. 90d)None of theseCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for During the certain period the C.L.I. gives up from 110 to 200 and the Salary of a worker is also raised from 330 to 500, then the real terms isa)Loss by Rs. 50b)Loss by 75c)Loss by Rs. 90d)None of theseCorrect answer is option 'A'. Can you explain this answer?.
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