UP TGT Mathematics Statistics Test Series - Part 7
Using weighted average of price relatives, find the index number: weight 110 with price relative 4, weight 120 with pric...
Type: MCQ • Marks: 1
Using weighted average of price relatives, find the index number: weight 110 with price relative 4, weight 120 with price relative 3, weight 130 with price relative 3.
Options
A. 3.31
B. 4.14
C. 2.98
D. 3.81
Explanation
Index=ΣWR/ΣW=1190/360=3.31.
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