EXAMPLE 25. Calculate the index number for the year 2016 with 2010 as base from the following data using weighted average of price relatives. (Price Commodity Weight 00 2010 2016 22 2.50 6.20 00E 3.30 6.25 48 4.40 17 036 D 12.75 13 0.65 0.90

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EXAMPLE 25. Calculate the index number for the year 2016 with 2010 as base from the
following data using weighted average of price relatives.
(Price "
Commodity
Weight
2010
2016
22
2.50
6.20
0E 3.30
6.25
000
48
4.40
17
12.75
D
13
0.65
0.90
ABCA
Transcribed Image Text:EXAMPLE 25. Calculate the index number for the year 2016 with 2010 as base from the following data using weighted average of price relatives. (Price " Commodity Weight 2010 2016 22 2.50 6.20 0E 3.30 6.25 000 48 4.40 17 12.75 D 13 0.65 0.90 ABCA
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