Question 1179969


Given:

{{{1 }}}pair of shoes for 1st year = ${{{50}}}

{{{2}}} pair of socks for 1st year = ${{{2}}}, so {{{2}}} pair cost = ${{{4}}}

 CPI for year 1 

= >Price of shoes for 1st year + Price of Sock for 1st year= ${{{50 + 4 = 54}}}


Now

{{{1}}} pair of Shoes for 2nd year = ${{{51}}}

{{{2}}} pair of socks for 2nd year = ${{{2.05}}} each, 2 pair cost ${{{ 2* 2.05 =4.10}}}


 CPI for Year 2 
Price of shoes for 2nd year + Price of Sock for 2nd year= ${{{51 + 4.1 = 55.10}}}


Hence CPI for Year 2 is ${{{55.10}}}


answer: B. {{{55.10}}}