Question

the price of a commodity in the year 1975 and 1980 were 25 and 30 respectively taking 1980 as base year the price relative is​

Answer 1

Answer:

Step-by-step explanation:

Taking 1980 as base year......

Pn/p0*100

Then,

25/30*100

=83.3333

And the answer is 83.3333

Answer d

Answer 2

Answer:

The price in 1975 was 83.33% of price in 1980.

Step-by-step explanation:

As per the question,

We need to find the relative price.

As we know,

Price in 1980 = 30

Price in 1975 = 25

Now, taking 1980 as base price, the relative price in 1975 will be:

$=\frac{25}{30} \times 100\\=83.33\%$

So, The price in 1975 was 83.33% of price in 1980.

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