Construct simple average price relative index number using arithmetic mean for the year 2012 for the following data showing the profit from various categories sold out in departmental stores. Profit (per week). Groceries Cosmetics 2010 2012 150600 170800 70000 82000 Stationery items Utensils 12000 10800 20000 18600

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Construct simple average price relative index number using arithmetic mean for
the year 2012 for the following data showing the profit from various categories
sold out in departmental stores.
Profit (per week)
Groceries
Cosmetics
2010
2012
150600
170800
70000
82000
Stationery items
Utensils
12000
10800
20000
18600
Transcribed Image Text:Construct simple average price relative index number using arithmetic mean for the year 2012 for the following data showing the profit from various categories sold out in departmental stores. Profit (per week) Groceries Cosmetics 2010 2012 150600 170800 70000 82000 Stationery items Utensils 12000 10800 20000 18600
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