Given below are two price index series. Splice them on the base 1994 = 100. By what per cent did the price of steei rise between 1990 and 1995 ? Year Old price index for Siee! : (Base 1985 = 100) New price index for Steei : (Base 199-1 = 100) 1990 141-5 1991 163-7 1992 158-2 1993 156-8 99.8 1994 157-1 100-0 1995 102-3

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Given below are two price index series. Splice them on the base 1994 = 100. By what
per cent did the price of steei rise between 1990 and 1995 ?
Year
Old price index for Siee! : (Base 1985 = 100) New price index for Steei : (Base 199-1 = 100)
1990
141-5
1991
163-7
1992
158-2
1993
156-8
99-8
1994
157-1
100-0
1995
102-3
Transcribed Image Text:Given below are two price index series. Splice them on the base 1994 = 100. By what per cent did the price of steei rise between 1990 and 1995 ? Year Old price index for Siee! : (Base 1985 = 100) New price index for Steei : (Base 199-1 = 100) 1990 141-5 1991 163-7 1992 158-2 1993 156-8 99-8 1994 157-1 100-0 1995 102-3
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