CA CPT Model Test Paper 9 with solutions for online practice

Question : 190 of 199

Marks: +1, -0

Given below are the date on prices of some consumer goods and the weights attached to the various items Compute price index number for the year 1985 (Base 1984 = 100) :

\table \Items ,\Unit ,1984, 1985 ,\Weight ;\Wheat ,\Kg. ,0.50 ,0.75 ,2 ;\Milk ,\Litre ,0.60 ,0.75 ,5 ;\Egg ,\Dozen ,2.00 ,2.40 ,4 ;\Sugar ,\Kg. ,1.80, 2.10 ,8 ;\Shoes ,\Pair ,8.00 ,10.00 ,1

The weighted average of price Relative Index is :

125.43
123.3
124.53
124.52

Validate

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