Economy, asked by zaira63, 3 months ago

calculate index no using simple aggregate method

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Answered by HaRsHaRaMeSh5002
4

Answer:

Explanation:

Steps involved in Simple Aggregative Method:

•Add the prices of all the commodities in the current year. •Denote the sum as ∑ P. ...

•Add the prices of all the commodities in the base year. •Denote the sum as ∑ P. o

•Use the following formula to find simple price index number of current year based on the base year.

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