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The monthly per capita expenditure incurred by workers of an industrial centre during 2016 and 2018 on the following items are given below. The weights of these items are 75, 10, 5, 6 and 4 respectively. Prepare a weighted index number for cost of living for 2018 with 2016 as base. Also interpret the result.

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Answered by lakshmi90roy
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Explanation:

In physics, a force is any interaction that, when unopposed, will change the motion of an object. A force can cause an object with mass to change its velocity, i.e., to accelerate. Force can also be described intuitively as a push or a pull. A force has both magnitude and direction, making it a vector quantity.

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