Question
Find the value Index Number using the Simple Aggregate Method.
Find y is the Price Index Number by Simple Aggregate Method is 120, taking 1995 as the base year.
Find y is the Price Index Number by Simple Aggregate Method is 120, taking 1995 as the base year.
| Commodity | A | B | C | D |
| Price (in Rs.) for 1995 | 95 | y | 80 | 35 |
| Price (in Rs.) for 2003 | 116 | 74 | 92 | 42 |