11. Calculate appropriate index number from the following information: 1985 Commodities P Q R S T 1990 Price in Rs. Expenditure Price in Rs. Expenditure 6 300 10 550 2 200 2 240 4 240 6 360 10 300 12 288 12 320 432 8
11. Calculate appropriate index number from the following information: 1985 Commodities P Q R S T 1990 Price in Rs. Expenditure Price in Rs. Expenditure 6 300 10 550 2 200 2 240 4 240 6 360 10 300 12 288 12 320 432 8
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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CALCULATE
![11. Calculate appropriate index number from the following information:
1985
Commodities
P
Q
R
S
T
1990
Price in Rs. Expenditure Price in Rs. Expenditure
6
300
10
550
200
2
240
240
6
360
300
12
288
320
12
432
4
10
8](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fbfdfa887-85d0-4502-8a0f-411b40f9fddd%2F87b8eee5-1497-4f43-a7de-5dcd71f3d46d%2Ff25vce_processed.jpeg&w=3840&q=75)
Transcribed Image Text:11. Calculate appropriate index number from the following information:
1985
Commodities
P
Q
R
S
T
1990
Price in Rs. Expenditure Price in Rs. Expenditure
6
300
10
550
200
2
240
240
6
360
300
12
288
320
12
432
4
10
8
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