Question

An enquiry into the budgets of middle
class families in a village gave the
Cottowing information
(F 08)
1:
SONIL
Group
of items
Prices in
Rs. in 1987
Prices in Rs.
in 2005
Food 30%
100
90
20
20
Rent 15%
Clothing 20%
Fuel 10%
70
60
20
15
Others 25%
40
55
The price index number based on weighted
Arithmetic mean of price relatives is:​

Answer 1

Answer:

10101.5/100=101.015