Practicing Success

Target Exam

CUET

Subject

-- Mathematics - Section B2

Chapter

Index Numbers and Time Based Data

Question:

The price Index Number by simple aggregative method for the year 2018 by taking year 2017 as base year from the data given below, is :

Commodity Price in 2017 (₹) Price in 2018 (₹)
Rice 50 55
Wheat 25 27
Fish 80 74
Potato 25 30
Onion 20 30
  $∑P_0=200$ $∑P_1=216$

 

Options:

85.2

108

216

84

Correct Answer:

108