means of simple aggregate method
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In this method,aggregate of the prices of commodities in the current year are divided by the aggregate of their prices in the base year and multiplied by 100 to get index value for the current year.
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In Simple Aggregative Method, the total price of commodities in a given (current) year is divided by the total price of commodities in a base year and expressed as a percentage. ... Add the prices of all the commodities in the current year.
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