Question

Example 1. Find by simple aggregate method, the index number from the following data :
Commodity
Base Price (*)
Current Price (*)
Rice
30
35
22
25
Wheat
Fish
54
64
Potato
20
25
Coal
15
18


In the end its given that there is an average increase of about 18.44% in the price of commodities.

So , my question is that how 18.44% came​

Answer 1

Answer:

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