Examveda

Consider the following information.
Commodity Price in 2015 (Rs.) Price in 2016 (Rs.)
A 50 70
B 40 60
C 80 90
D 110 120
E 20 20
If we go on constructing an index number for the year 2016, taking year 2015 as base, what will be the value?

A. 102

B. 107

C. 110

D. 120

E. 125

Answer: Option D


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