This physics problem tests your understanding of fundamental physical laws and their applications. The step-by-step solution below breaks down the problem using relevant equations and physical reasoning.
ScanSolve AI Answer
Step 1: Identify the prices for the base year (2005) and the current year (2010). Prices in 2005 (P_0): Commodity A: 12 Commodity B: 16 Commodity C: 10 Prices in 2010 (P_n): Commodity A: 20 Commodity B: 25 Commodity C: 12 Step 2: Calculate the sum of prices for the base year ( P_0). P_0 = 12 + 16 + 10 = 38 Step 3: Calculate the sum of prices for the current year ( P_n). P_n = 20 + 25 + 12 = 57 Step 4: Apply the formula for the Price Index Number using the simple aggregative method. The formula is: Price Index Number = ( P_n)/( P_0) × 100 Substitute the calculated sums into the formula: Price Index Number = (57)/(38) × 100 Price Index Number = 1.5 × 100 Price Index Number = 150 The Price Index Number using the simple aggregative method is 150. Send me the next one 📸