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If the price of all commodities in a place have increased 125 times in comparison to the base period prices, then the index number of prices for the place is now
  • a)
    100
  • b)
    125
  • c)
    225
  • d)
    None of the above
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
If the price of all commodities in a place have increased 125 times in...
Base year value =100
current year value = 125

index number of price = 100 + 125=225
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Community Answer
If the price of all commodities in a place have increased 125 times in...
As the base price is always let 100 so 125 will be add in such
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If the price of all commodities in a place have increased 125 times in comparison to the base period prices, then the index number of prices for the place is nowa)100b)125c)225d)None of the aboveCorrect answer is option 'C'. Can you explain this answer?
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