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Competitive Stats
Q78Section I (Objective (Q1–Q80))78 of 80

Simple aggregative price index

Consider the following data (prices in Rs.):

CommodityBase period priceCurrent period pricePercentage changeP2040100Q506020R405025S203050\begin{array}{c|ccc} \text{Commodity} & \text{Base period price} & \text{Current period price} & \text{Percentage change}\\\hline P & 20 & 40 & 100\\ Q & 50 & 60 & 20\\ R & 40 & 50 & 25\\ S & 20 & 30 & 50 \end{array}

What will be the simple aggregative price index for the above data?

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