Find the index number for the year 2019 with the base year 2014 b… - Vidyadip

Question

Find the index number for the year $2019$ with the base year $2014$ by weighted average method from the following data of price and weights of five different items.

Item	Weight	Price (₹)
Item	Weight	Year $2014$	Year $2019$
$A$	$40$	$160$	$200$
$B$	$25$	$400$	$600$
$C$	$5$	$50$	$70$
$D$	$20$	$10$	$18$
$E$	$10$	$2$	$3$

✓

Answer

$145.50$

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