Practicing Success

Target Exam

CUET

Subject

-- Mathematics - Section B2

Chapter

Financial Mathematics

Question:

During a certain period, the cost of living index number goes from 110 to 200 and the salary of a worker is also raised from ₹3630 to ₹5000. By how much amount he really gains or loses in real terms.

Options:

₹ 1370 gain

₹1370 lose

₹ 800 gain

₹ 800 lose

Correct Answer:

₹ 800 lose

Explanation:

The correct answer is Option (4) → ₹ 800 lose