It my sound a sill question but it has confused me.. while calculating the index number by price relative method when we calculate the relative price of each quantity, is it important to put it in original value even when it comes in decimal like 20/15 x 100 = 133.33 so can we write it as 133 simply or if vale of decimal is greater than 5 then cane round it off like 133.6 so 134 or have to write it in decimal only please tell & same in all cases of calculation ??????

Hi Ujjawal, I hope your studies are going in full swing. Let me now answer your query. Ideally you should round off the figures to the second place of decimal. I mean 133.333 rounded off as 133.34. Always remember this, even if the question has mentioned nothing specific in this aspect, then also round off it to the second place of decimal. If still you have any doubt, then do let us know.

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