Calculate the unweighted average of relatives index

Calculate the unweighted average of relatives index




Calculate the unweighted average of relatives’ index from the table given below:













                                                           P0                                                                               P1



                                                         1995 price                                               2000price




Milk (per Litre)                                       12                                                            16



Butter (per kg.)                                      60                                                            120



Eggs. (per dozen)                                  20                                                             24




 





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