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The price index is calculated as


Question

The price index is calculated as

Options

A)
\(\frac{\text{weighted price}}{\text{current price}}\) x \(\frac{100}{1}\)
B)
\(\frac{\text{base year price}}{\text{current price}}\) x \(\frac{100}{1}\)
C)
\(\frac{\text{current price}}{\text{weighted price}}\) x \(\frac{100}{1}\)
D)
\(\frac{\text{current price}}{\text{base year price}}\) x \(\frac{100}{1}\)

The correct answer is D.


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