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The whole sale price index number or agricultural commodities in a given region at a given date is 280. The percentage increase in prices of agricultural commodities over the base year is : (a) 380 (b) 280 (c) 180 (d) 80?
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The whole sale price index number or agricultural commodities in a giv...
Calculation of Percentage Increase in Prices of Agricultural Commodities

Given data:
- Wholesale price index (WPI) for agricultural commodities in a given region at a given date = 280

Formula for calculating percentage increase:
Percentage increase = [(Current year index - Base year index) / Base year index] x 100

Here, the base year index is not given. Therefore, we cannot directly calculate the percentage increase. However, we can assume that the base year index is 100 and calculate the percentage increase accordingly.

Assumption:
Base year index = 100

Calculation:
Percentage increase = [(280 - 100) / 100] x 100
Percentage increase = 180%

Therefore, the percentage increase in prices of agricultural commodities over the base year is 180%.

Answer: (c) 180
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The whole sale price index number or agricultural commodities in a giv...
280-100=180
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The whole sale price index number or agricultural commodities in a given region at a given date is 280. The percentage increase in prices of agricultural commodities over the base year is : (a) 380 (b) 280 (c) 180 (d) 80?
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