Question

from the following data construct an index for the year 2016 taking the year 2011 as base by the simple average of price relative method

commodities. A B C D E
prices ( 2011). 50 40 80 100 20
prices (2016). 70 60 100 120 20


Please give proper answer.​

Answer 1

Explanation:

prices(2011).50 40 80 100 20