The wholesale price index of sugar in 2018 compared to 2015 is 125. If the cost of sugar was ₹20 per kg in 2015, then the cost of sugar in 2018 is :
Answer & explanation
Correct answer: option 1
The correct answer is Option (1) → ₹25 per kg
If the cost in 2015 was Rs 20 per kg, the cost in 2018 is,
Cost in 2018 = $20×\frac{125}{120}=20×1.25$ = ₹25 per kg