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For the data :

VariablePrice - Base yearPrice - Current yearWeights
X50605
Y20257
Z30404

The weighted aggregative index number is :

Solution

✅ Correct Option: 3

Weighted aggregative index =ΣP1WΣP0W×100=\frac{\Sigma P_1 W}{\Sigma P_0 W}\times 100.

ΣP1W=60(5)+25(7)+40(4)=300+175+160=635\Sigma P_1 W=60(5)+25(7)+40(4)=300+175+160=635.

ΣP0W=50(5)+20(7)+30(4)=250+140+120=510\Sigma P_0 W=50(5)+20(7)+30(4)=250+140+120=510.

Index =635510×100≈124.50=\frac{635}{510}\times 100\approx 124.50.

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