Q) Compute the weighted aggregate price index for the year 200 on the basis of year 1995 from the following data. Commod

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answerhappygod
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Q) Compute the weighted aggregate price index for the year 200 on the basis of year 1995 from the following data. Commod

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Q) Compute the weighted aggregate price index for the year 200
on the basis of year 1995 from the following data.
Commodity Unit
Average Monthly Average Price in Rupees
Consumption per family
1995
2000
Milk
Liter

30


25
30
Flour
KG

25


10
12
Cloth
Meter

12

40

60
Tea
KG

1


150
200
Vegetable KG


5

50
60
Eggs
Dozen

4

25
30
Q) Price of a particular commodity in five years in two
cities are given below:
Price in City A 20 22 19 23 16
Price in City B 10 20 18 12 15
From the above data find the city which had more stable
prices.
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