The cost of living index number for 2022 with base 2015 is 150. This implies that a household which spent Rs. 10,000 per month in 2015 needs to spend ______ in 2022 to maintain the same standard of living.
Assertion (A): The arithmetic mean of a set of positive numbers is always greater than or equal to the geometric mean. Reason (R): AM ≥ GM for any set of non-negative numbers, and equality holds when all numbers are equal. Choose the correct option:
A.A is true, R is false
B.A is false, R is true
C.Both A and R are true, but R is not the correct explanation of A
D.Both A and R are true, and R is the correct explanation of A
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