Question

MODEL 7: TESTS OF ADEQUAGY
69) The price index of the cosmetics was 110 in
2001 with base as 1995 and 120 in 2002 wt
2001 as base. It further increased by 30% in
2003 in relation to the price index of 2002
and decreased by 10% in 2004 as compared
to its level in 2003. Find the index for 2004
with 1995 as base
a) 1444 b) 1544 c) 156.9 149.5​

Answer 1

Answer:

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