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The table shows the averages prices of c...

The table shows the averages prices of coffee, sugar and milk in 1979 and 1980, and the weights used to calculate the cost of making a cup of coffee,

C:alculate, correct to one decimal place, the index number for the cost of a cup of coffee in 1980 using.
(i) weighted price relatives, (ii) weighted aggregates
taking the index number for 1979 as 100 in each case.

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Verified by Experts

The correct Answer is:
(i) `159.3` (ii) `136.8`
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ICSE-INDEX NUMBERS-EXERCISE 30 (b)
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  2. Taking 1975 as the base year with an index number 100, calculate an in...

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  3. Calculate the index number for the year 1979 with 1970 as base from th...

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  5. Construct a composite index number from the following index numbers an...

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  8. A manufacturer uses 4 raw materials A, B, C, D in the production of a ...

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  9. The table shows the averages prices of coffee, sugar and milk in 1979 ...

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  10. An enquiry into the budget of the middle class families in a city in E...

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  15. Calculate the index number for the year 2006 with 1996 as the base yea...

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  16. Calculate the cost of living index for the following data:

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  18. From the following data compose price index by applying weighted avera...

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