Use app×
QUIZARD
QUIZARD
JEE MAIN 2026 Crash Course
NEET 2026 Crash Course
CLASS 12 FOUNDATION COURSE
CLASS 10 FOUNDATION COURSE
CLASS 9 FOUNDATION COURSE
CLASS 8 FOUNDATION COURSE
0 votes
665 views
in Statistics by (62.7k points)

Compute cost of living index number.

1 Answer

+1 vote
by (57.2k points)
selected by
 
Best answer

Weights are given, use family budget method:

 ; w-weights

Consumer / cost of living index number:

There is net increase of cost of living by 39.96% in the current year as compared to base year.

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.

Categories

...