hello all
chapter name : index number
Use formula of weighted average of Price relative method
Answers
Answer:
137.27
Step-by-step explanation:
Items Quantity 1990(p₀) 1991(p₁) x = (p₁/p₀) * 100 wx
A 20 units 200 320 160 3200
B 14 units 400 420 105 1470
C 15 units 100 120 120 1800
D 18 units 40 60 150 2700
E 10 units 20 28 140 1400
------------ --------
77 units 10570
∴ p₀₁ = ∑wx/∑w
= 10570/77
= 137.27.
Hope it helps!