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The wholesale price index ( or price relative) of rice in 2012 compared to 2010 is 130. If the cost of rice was $₹ 12$ per kg in 2010, then cost of rice in 2012 is

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$₹ 16.90$ per kg

$₹ 15.60$ per kg

$₹ 14.80$ per kg

$₹ 16$ per kg

answer is B.

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Detailed Solution

According to given

$130 = \frac{cost in 2012}{12} \times 100$

$\Rightarrow$ Cost in $2012 = \frac{130 \times 12}{100} = ₹ 15.60$

$∴$ Option (b) is the correct answer.

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