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During the certain period the C.L.I. goes 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 'D'. Can you explain this answer?
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During the certain period the C.L.I. goes up from 110 to 200 and the S...
Real Terms Calculation
The question requires the calculation of the real terms after the increase in the Consumer Price Index (C.L.I.) and the salary of a worker. The real terms will determine whether there has been a gain or loss in the purchasing power of the worker's salary.
Calculation of Real Terms
To calculate the real terms, we need to use the formula:
Real Salary = (Nominal Salary/ C.L.I.) x 100
Using the above formula, we can calculate the real salary of the worker after the increase in the C.L.I. and the salary.
Real salary before the increase = (330/110) x 100 = 300
Real salary after the increase = (500/200) x 100 = 250
Therefore, the real terms have decreased from 300 to 250, indicating a loss in the purchasing power of the worker's salary.
Answer
The correct answer is option 'D,' None of these, as none of the given options match the calculated real terms.
The question requires the calculation of the real terms after the increase in the Consumer Price Index (C.L.I.) and the salary of a worker. The real terms will determine whether there has been a gain or loss in the purchasing power of the worker's salary.
Calculation of Real Terms
To calculate the real terms, we need to use the formula:
Real Salary = (Nominal Salary/ C.L.I.) x 100
Using the above formula, we can calculate the real salary of the worker after the increase in the C.L.I. and the salary.
Real salary before the increase = (330/110) x 100 = 300
Real salary after the increase = (500/200) x 100 = 250
Therefore, the real terms have decreased from 300 to 250, indicating a loss in the purchasing power of the worker's salary.
Answer
The correct answer is option 'D,' None of these, as none of the given options match the calculated real terms.
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During the certain period the C.L.I. goes 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 these.Correct answer is option 'D'. Can you explain this answer?
Question Description
During the certain period the C.L.I. goes 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 these.Correct answer is option 'D'. 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. goes 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 these.Correct answer is option 'D'. 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. goes 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 these.Correct answer is option 'D'. Can you explain this answer?.
During the certain period the C.L.I. goes 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 these.Correct answer is option 'D'. 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. goes 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 these.Correct answer is option 'D'. 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. goes 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 these.Correct answer is option 'D'. Can you explain this answer?.
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