The prices of commodity in the year 1975 and 1980 were 25 and 30 respectively taking 1980 as base year the price realtive is :
a) 109.78
b) 110.25
c) 113.25
d) none of these
kindly solve..
Neetu Agrawal (PCS) (213 Points)
22 May 2012The prices of commodity in the year 1975 and 1980 were 25 and 30 respectively taking 1980 as base year the price realtive is :
a) 109.78
b) 110.25
c) 113.25
d) none of these
kindly solve..
Tejas Jain
(Chartered Accountant)
(314 Points)
Replied 22 May 2012
Index Number = Pn/Po X 100
= 75/80 X 100
= 83.33
Therefore, The answer is (d) None of the above
intermediate(ipc)course
(no)
(1460 Points)
Replied 22 May 2012
as 1980 base year therefore price relative = E(PR)/N * 100 = EP1/EP0/N*100=25/30/2*100=41.67
ANS IS D).NONE OF THESE.
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