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Consumer price index number goes up from 110 to 200 & the salary of a worker is also raised from Rs 325 to 500 therefore in real term he has not gain to maintained his previous standard of living he should get an additional amount is a. Rs 85 b. Rs 90.91 c. Rs 98.25 d. none of these?
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Consumer price index number goes up from 110 to 200 & the salary of a ...
If the Consumer Price Index (CPI) number goes up from 110 to 200, it means that the overall level of prices for goods and services has increased. This indicates inflation and a decrease in the purchasing power of consumers.

A CPI of 110 means that prices have increased by 10% compared to a base period. However, if the CPI increases to 200, it signifies that prices have increased by 90% compared to the base period.

This increase in the CPI indicates a significant rise in the cost of living and suggests that it now takes more money to purchase the same basket of goods and services as before. This can have various effects on individuals and the economy, such as reduced real wages, increased production costs for businesses, and potentially slower economic growth.
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Consumer price index number goes up from 110 to 200 & the salary of a worker is also raised from Rs 325 to 500 therefore in real term he has not gain to maintained his previous standard of living he should get an additional amount is a. Rs 85 b. Rs 90.91 c. Rs 98.25 d. none of these?
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Consumer price index number goes up from 110 to 200 & the salary of a worker is also raised from Rs 325 to 500 therefore in real term he has not gain to maintained his previous standard of living he should get an additional amount is a. Rs 85 b. Rs 90.91 c. Rs 98.25 d. none of these? 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 Consumer price index number goes up from 110 to 200 & the salary of a worker is also raised from Rs 325 to 500 therefore in real term he has not gain to maintained his previous standard of living he should get an additional amount is a. Rs 85 b. Rs 90.91 c. Rs 98.25 d. none of these? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consumer price index number goes up from 110 to 200 & the salary of a worker is also raised from Rs 325 to 500 therefore in real term he has not gain to maintained his previous standard of living he should get an additional amount is a. Rs 85 b. Rs 90.91 c. Rs 98.25 d. none of these?.
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