12-01-2014, 02:39 PM
Market basket at base period prices =80*10+55*32=2560
Market basket at current period prices =95*28+130*12=4220
Ideal cost of living index required by atif : 4220/2560=1.648
Market basket at current period prices =95*28+130*12=4220
Ideal cost of living index required by atif : 4220/2560=1.648
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