The consumer price Index for April 1985 was 125. The food price index was 120 and other items index was 135. The percentage of the total weight of the index is
  • a)
    66.67
  • b)
    68.28
  • c)
    90.25
  • d)
    None of these
Correct answer is option 'A'. Can you explain this answer?
Related Test: Test: Index Numbers- 4

CA Foundation Question

Atchaya Atchayaraja answered Oct 30, 2019
13500-12500=135x-120x
1000/15=x
Therefore the value of X IS 66.67.

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