Question
Quantitative Ability and Data Interpretation Question on Data Interpretation
The price of five different commodities for year 2018 and 2019 are as follows:
Commodities| Price in
2018
(in ₹)| Price in
2019
(in ₹)
---|---|---
A| 4| 8
B| 3| 9
C| 2| 6
D| 6| 9
E| 2| 4
The price index number for the year 2019 with 2018 as the base year, using simple average of price relatives is:
A
230
B
203
C
233
D
320
Answer
230
Explanation
Solution
The correct option is(A):230