EXAMPLE 26. Given below are the average wholesale prices of four commodities, A, B, C, and D. Weight Average wholesale price Commodity % 2011 2012 2013 2014 2015 A 30 4.50 6.00 7.50 9.00 10.50 40...


EXAMPLE 26. Given below are the average wholesale prices of four commodities, A, B, C, and D.<br>Weight<br>Average wholesale price<br>Commodity<br>%<br>2011<br>2012<br>2013<br>2014<br>2015<br>A<br>30<br>4.50<br>6.00<br>7.50<br>9.00<br>10.50<br>40<br>10.00<br>8.00<br>12.00<br>12.00<br>15.00<br>C<br>10<br>2.00<br>2.50<br>3.00<br>4.00<br>5.00<br>D<br>20<br>1.50<br>3.00<br>4.50<br>6.00<br>12.00<br>Taking 2011 as the base, calculate the price index number for 2012, 2013, 2014 and 2015 by<br>suitable method.<br>

Extracted text: EXAMPLE 26. Given below are the average wholesale prices of four commodities, A, B, C, and D. Weight Average wholesale price Commodity % 2011 2012 2013 2014 2015 A 30 4.50 6.00 7.50 9.00 10.50 40 10.00 8.00 12.00 12.00 15.00 C 10 2.00 2.50 3.00 4.00 5.00 D 20 1.50 3.00 4.50 6.00 12.00 Taking 2011 as the base, calculate the price index number for 2012, 2013, 2014 and 2015 by suitable method.

Jun 11, 2022
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