The price of five different commodities for year 2018 and 2019 are as follows:
Commodities | Price in 2018 (in ₹) | Price in 2019 (in ₹) |
A | 4 | 8 |
B | 3 | 9 |
C | 2 | 6 |
D | 6 | 9 |
E | 2 | 4 |
The price index number for the year 2019 with 2018 as the base year, using simple average of price relatives is: