CUET Preparation Today
Construct the consumer index for 2010 taking 2009 as the base year, and using simple average of price relative method for the following data:
|
90 95 100 105 |
95 |
The correct answer is option (2) : 95
Hence required consumer price index. $p_{01}=\frac{1}{N}×380$ $=\frac{1}{4}×380= 95$ |
