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The monthly per capita expenditure incur...

The monthly per capita expenditure incurred by workers for an industrial centre during 1980 and 2005 on the following items are given below. The weights of these items are 75, 10, 5, 6 and 4 respectively . Prepare a weighted index number for cost of living for 2005 with 1980 as the base.

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Weighted Index Number `=(sumRW)/(sumW)=(18,459.47)/(100)=184.5947~ 184.6 `
`:.` Weighted index number = 184.6 .
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