calculate the price relative (index number)
(a) taking 2000 as base and (b) taking price for five years as base from the following data:
Year: Price:
2000. 120
2001. 160
2002. 150
2003. 180
2004. 120
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calculate the price relative (index number)
(a) taking 2000 as base and (b) taking price for five years as base from the following data:
Year: Price:
2000. 120
2001. 160
2002. 150
2003. 180
2004. 120
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Answer:
730
Step-by-step explanation:
120+160+150+180+120