Ques no 19!
Dear Student,
Index Number of year 2014 by Weighted Average of Price Relative Method:-
P01 = Total of RW / Total of Weight
= 34,400/100 = 344
Regards
| Commodity | Weight | P0 | P1 | R= P1/P0x 100 | RW |
| A | 20 | 25 | 30 | 120 | 2400 |
| B | 25 | 20 | 30 | 150 | 3000 |
| C | 15 | 50 | 70 | 140 | 21000 |
| D | 40 | 5 | 10 | 200 | 8000 |
| Total | 100 | 100 | 140 | 610 | 34400 |
Index Number of year 2014 by Weighted Average of Price Relative Method:-
P01 = Total of RW / Total of Weight
= 34,400/100 = 344
Regards