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Commerce · Q181

Business Statistics and Research Methods

Graduate and Post Graduate · Commerce · question 181

Q181

Consider the following information. Commodity Price in 2015 (Rs.) Price in 2016 (Rs.) A 50 70 B 40 60 C 80 90 D 110 120 E 20 20 If we go on constructing an index number for the year 2016, taking year 2015 as base, what will be the value?

Consider the following information.
Commodity Price in 2015 (Rs.) Price in 2016 (Rs.)
A 50 70
B 40 60
C 80 90
D 110 120
E 20 20
If we go on constructing an index number for the year 2016, taking year 2015 as base, what will be the value?
A.
102
B.
107
C.
110
D.
120
Answer
E.
125

Answer: Option D

Solution

Answer: Option D
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