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Commerce Business Statistics And Research Methods Difficulty: Medium

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?

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