Weighted Index|Weighted Average of Price Relative

Given the following data and using Weighted Average Price Relative Method, construct index number for 2018 based on 2004 prices.

Calculate price index from the following data by using Weighted Average Price Relative Method: {:("Commodity","Base Year Price","Current Year Price","Weights"),(" A"," 6"," 8"," 240"),(" B"," 3"," 3.2"," 240"),(" C"," 2"," 3"," 40"):}

Index Numbers|Simple Aggregative|Simple Average of Price Relative

Index Numbers|Simple Aggregative|Simple Average of Price Relative

Price Index Number by using Weighted Aggregate Method is given by