Practicing Success

Target Exam

CUET

Subject

-- Mathematics - Section B2

Chapter

Index Numbers and Time Based Data

Question:

Taking 2015 as base year with index no. 100, the price index no. on 2022 using weighted average price relative is 182 for the following data. The sum of weights is 100, then value of x is :

Commodity A B C D
Price/ unit 2015 20 10 5 40
Price/unit 2022 24 20 30 40
Weight 40 x 10 y
Options:

10

12

36

24

Correct Answer:

24