Question

The price of gold varies from day to day. The table below gives the price of 10 grams of gold in Mumbai on certain dates in the months of August and September 2004. With the price of gold on Sept 2 as the base, the price on August 24 is said to be +20. With the same base, what is the price of gold on August ​

Answer 1

Answer:

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Answer 2

Given  : The price of gold varies from day to day.

The price of 10 grams of gold in Mumbai on certain dates in the months of August and September 2004.

With the price of gold on Sept 2 as the base,

the price on August 24 is said to be +20.

To Find :  With the Sept 2 as the base,  the price of gold on August 17 ​

Solution:

Aug 17          6095

Aug 24         6265

Sep 2           6245

Sep 9            6100

price of gold on Sept 2 as the base, the price on August 24 is said to be +20

6265 - 6240 = +20  

Aug 24   Price -   Sept 2 as the base price =  + 20

With the Sept 2 as the base,  the price of gold on August 17 ​

=  price of gold on August 17 ​ - Price on sep 2

= 6095 - 6245

=  -150

price of gold on August ​ 17  is -150

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