Practicing Success

Target Exam

CUET

Subject

-- Mathematics - Section B2

Chapter

Index Numbers and Time Based Data

Question:

The price of three commodities are shown in the following table.

Commodity Price in ₹ in 2010 Price in ₹ in 2011
X 16 15
Y 52 48
Z 32 40

The price index for 2011 taking 2010 as base year using simple aggregative method is

Options:

102

103

104

105

Correct Answer:

103