10:17. A departmental store sells stereo systems, television sets and radios. The percentagedistribution of the total sales volume (in rupees) is estimated as 30 per cent stereos, 50 per cent televisionsand 20 per cent radios. The prices of one stereo, one television and one radio in 1990 were Rs. 20,000,Rs. 15,000 and Rs. 500 respectively while their respective prices in 1995 were Rs. 25,000, Rs. 20,000 andRs. 800.A weighted price index for 1995 with base 1990 is to be computed.(1) Which index number formula is appropriate, why ?(ii) Compute the index.

(i) Here, Weighted Average of Price relative method is appropriate because the relative importance…

Answered: 10-17. A departmental store sells…

Algebra & Trigonometry with Analytic Geometry

13th Edition

ISBN:9781133382119

Author:Swokowski

Publisher:Swokowski

Chapter7: Analytic Trigonometry

Section7.6: The Inverse Trigonometric Functions

Problem 94E

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