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What is a moving average and why is it used?
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3 marksDifficulty: Medium
The prices of four commodities in the base year total ₹200 and in the current year ₹250. Find the simple aggregate price index.
Original Khojo Papers practice question — not from a past board paper.
Answer
125
No citable source has been recorded for this record. Treat it as practice material, not as fact.
Explanation
The index is ΣP1 ÷ ΣP0 × 100 = 250 ÷ 200 × 100 = 125, so prices have risen by 25%.
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