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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 :
|
85.2 108 216 84 |
108 |
The correct answer is Option (2) → 108 The price index number by simple aggregative method, Price index number (P) = $\frac{∑P_1}{∑P_0}×100$ $=\frac{216}{200}×100$ $=108$ |
