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The following table gives the changes in the price and the consumption (quantity) of certain major constituents of the consumption basket of the…

BBS Business Statistics · 2078 · Solved Question with Answer

The following table gives the changes in the price and the consumption (quantity) of certain major constituents of the consumption basket of the labor class.

Commodity Unit 2020 Price 2020 Qty 2021 Price 2021 Qty
Wheat Quintals 1000 10 1100 6
Rice Quintals 1500 15 1700 18
Cloth Meters 50 50 40 30

Solution

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