Question
Find the Price Index Number using the Simple Aggregate Method.
Use 2000 as the base year in the following problem.
Use 2000 as the base year in the following problem.
| Commodity | Price (in Rs.) for year 2000 | Price (in Rs.) for year 2006 |
| Watch | 900 | 1475 |
| Shoes | 1800 | 2300 |
| Sunglasses | 600 | 1040 |
| Mobile | 4500 | 8500 |