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Syllabus
CBSE HANDBOOK QUESTION Regards
If sum of the weights is 40 and the index for the set is 122, then the numerical values of x and y is
(a) x=8, y = 7
(b) x=7, y=8
(c) x=9, y=10
(d) x=10, y=9
Regards
certain commodity construct index number by
chain base method.
Year 1979 1980 1981 1982 1983
Price 750 500 650 600 720
Year 1984 1985 1986 1987 1988
Price 700 690 750 840 800
the year 2020, with base year as 2018, are as follows:
Food: 180; Clothing: 140; Fuel and Lighting: 120; House rent: 200; and Misc: 150.
The weight of various subgroups are 50,9,6,15 and 20, respectively. IT is proposed to fix industrial
dearness allowance such that the employees are compensated fully for the rise in prices of food
and house rent but only to the extent of 50 percent of the increase in prices of rest of subgroups.
What should be the dearness allowance expressed as a percentage of wages?