Business, 28.12.2020 20:30 ferny5106

15. The following table shows the price of 2kg of maize flour 1 loaf of bread, at 2013 and 2014 with their weights.
(4 mar
Items Prices Weights
2013 2014
Flour 80 85 2
Bread 50 60 1
Milk 40 60 3
Required:
Calculate Consumer Price Index (C. P.I) for the year 2014 for the b
three items using the Weighted Average Method and determine rate of inflation

Answers: 2

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15. The following table shows the price of 2kg of maize flour 1 loaf of bread, at 2013 and 2014 wit...