Question:

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:

Updated On: Apr 26, 2024

230
203
233
320

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The Correct Option is A

Solution and Explanation

The correct option is(A):230

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