Suppose You Spend 30 Per Cent of Your Budget on Food

Multiple Choice

Suppose you spend 30 per cent of your budget on food, 20 per cent on transport, 40 per cent on rent, 5 per cent on entertainment, and 5 per cent on miscellaneous items. If the price of all parts of your budget rises equally in percentage terms, which would have the most weight on your cost of living increase? (Assume you calculate your index the same way the CPI is calculated.)

A) Food
B) Transport
C) Rent
D) Entertainment