Given the following information. Commodities Current year Price (in Rs.) Base year Price (in Rs.) | Weights A 52.0 42.5 30 В 37.5 29.5 40 19.5 21.5 15 D 81.0 88.5 15 Also, EW = 100, E PW = 11489, where P = (P,/P) × 100. An index number for the current year using the method of weighted average of price relatives is : (A) 124. 89 (В) 114.89 (С) 134.89 (D) 144.89.

MATLAB: An Introduction with Applications
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Given the following information.
Commodities | Current year Price (in Rs.) | Base year Price (in Rs.) | Weights
A
52.0
42.5
30
37.5
29.5
40
C
19.5
21.5
15
81.0
88.5
15
Also, EW = 100, E PW = 11489, where P = (P,/P) × 100. An index number for the current
year using the method of weighted average of price relatives is :
%3D
(А) 124. 89
(B) 114.89
(С) 134.89
(D) 144.89.
Transcribed Image Text:Given the following information. Commodities | Current year Price (in Rs.) | Base year Price (in Rs.) | Weights A 52.0 42.5 30 37.5 29.5 40 C 19.5 21.5 15 81.0 88.5 15 Also, EW = 100, E PW = 11489, where P = (P,/P) × 100. An index number for the current year using the method of weighted average of price relatives is : %3D (А) 124. 89 (B) 114.89 (С) 134.89 (D) 144.89.
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